Quote from @Tim Delaney: Quote from @Nilusha Jayasinghe: Quote from @Tim Delaney: It sounds like you would be in a good position to invest some or all of the RE emergency fund in a “safer” index fund.

In terms of maintenance, they are generally safer because you are not responsible for the exterior and common areas and potential leaks, etc.

If maintaining strong cash flow and minimizing risk are more important, Option 1 is the safer choice.Good luck! 

Residents in flood-prone areas were offered newly built, elevated homes on safer ground in exchange for transferring the title of their damaged original homes to the city. 3.

The original post leaves the door open for a challenge by the IRS, so the safe harbor of holding it for investment for two full years is the safer option.  

I'll bet you a cup of coffee no one has working keys.

Kieran, the best bet here is to refinance with a DSCR loan.

Do you want your son to bet the financial outcome of his 20s on this seller's ability to make good choices? 

(Wisconsin, Indiana, Ohio, Michigian).Pick a more rural town/city, they are typically very safe. Rent

If it's more complicated eviction.com may be your best bet to use they are pretty cost effective.