These provide stability and regular income, which can be crucial in retirement.Cash: 5-10%Keep some liquid assets for emergencies and short-term needs.Consider these additional points:Diversification: Spread your investments across different sectors and geographic regions to reduce risk.Tax efficiency: Consider the tax implications of your investment strategy, especially with your high net worth.Regular rebalancing: Adjust your portfolio periodically to maintain your desired asset allocation.Professional advice: Given your high net worth, it's advisable to consult with a financial advisor who can provide personalized recommendations based on your specific situation and goals.Risk management: Consider your risk tolerance and adjust the allocation accordingly.

All the posts he references are recommended reading.

Request reports for maintenance, accounting, etc. on a more regular basis if you want updates.

I can refer you to who we use.

@Leo CuomoRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Hi @Chris BrackshawNot sure what your REI journey has looked like up to this point but as you being your search trying to figure out what areas to look intoThis website is a great reference point for figuring out what each area is like. https://www.areavibes.com/It gives you a total LIVABILITY score for each street and zip code.

You'll still leave a lot less than the 20% down payment needed for a regular investment property, but you should expect to leave some capital in the deal.

Im ready to invest and just need to narrow some areas of interest down. also can you plz refer me to your realtor?

Hi LoriAs a fellow realtor I would suggest keeping this website in your back pocket for your future clients. https://www.areavibes.com/This website is a great reference point for figuring out what each area is like.It gives you a total LIVABILITY score for each street and zip code.

You are subjected to regular section 8 inspections, but as a good landlord you'd want to keep your properties up to standard anyway.