I personally like working with a broker because I know they are helping to vet the insurer and making sure that I am not missing key pieces of coverage.That said, from my understanding of the insurance markets basically different insurers like to spread their risk out across geography and asset class.

Just like you, she can do RE as a side gig and learn a lot more while she keeps her own nest egg going and her lendability strong with a regular job.You should loop her into a major document with all of the properties and all of the profit and loss and go through them one by one and talk about whether to sell or keep, and also base it on geography for her and your collective choice of management.

In fact all of our purchases have been 1st, and we are just now working on obtaining a pool of 2nds to work along side the 1sts and the seller financing that we have done.We went with assets we had connections with either via geography, or where we had 'boots on the ground' or team members to give us those insights into taxes, title and blight (the big three issues in notes).

Sorry bud, but your reading comprehension doesn’t match my post and basic geography.

(sorry I don't know the geography in that area on anything about investing there). 

But the ability to diversify by asset type and geography is very attractive, and the true passive nature is something I’m looking for as i get older. 

This gives much better diversification protection across geographies, asset types, strategies, investment subclasses etc. versus putting all the eggs into one basket.The downside is that it's not for everyone, and a person has to be comfortable with turning over control to someone else.

I would invest in Sunrise Capital, but I didn't get the impression that they would accept $50K as an initial investment, which I always like to do to try out a new firm (for me) and to diversify geography and risk.

The heirs can choose to hold their shares and receive dividends or sell them.Passive: Allows investors to trade an actively managed real estate asset for a passive investment in an Operating Company that is typically run by an institutional asset management firm.Consistent Income: Operating Partnerships can issue dividends or distributions so that the investor has cash flow.Portfolio Diversification: Enables the investor to achieve diversification across geography, industry, tenant and asset class in an Operating Partnership structure.

The photos of Cancun looked pretty flooded, but I don't know the geography there.