In the case of GEG, we let our members know we did not have a track record with them - they were new to us and just being tested - and therefore it was even more important to perform thorough due diligence since we can't be involved in the transaction. 

It has been a steady performer for both appreciation and cash flow over the years.

@Philip AndersonMultifamily properties in Ventura can perform well due to the area's high rent demand, but inventory can be tight.

Cash-Out Refinance: If your Airbnb property has enough equity and is performing well, a cash-out refinance could free up funds while keeping the property working for you.

these can produce good returns but best chance for success is for those that have experience in this area (I am a partner on an effort adding 8 ADUs, but it is not performing to the initial underwriting (underperforming) and it is an experienced team).good luck I get it, but not everyone has the opportunity of scale and building multiple units.

Hi @Cheng Chu great advise already given to you.

Meet with financial advisers/wealth managers and see what other options other than real estate there are and how to best allocate / diversify. ie have you maxed out your TFSA?

Yet, too many of those posting advice for you have no clue on the risks they are advising you to take.You're pinching pennies to save $8k with 3 kids. - What would happen if you lost it all?

Sometimes tapping into that equity for a strategic reinvestment can pay off big.How do you feel about your portfolio’s performance overall?

@Emily Shin, while it can be debated, I would advise house hacking your first deal before investing out of state.