The worst thing to do is (well, other than gamble it all away or use it on drugs/booze) is to rush into something unprepared.There are lots of ways to invest it:- Stocks, bonds, mutual funds- CDs, high-yield savings accounts (which really aren't that high yield)- REITs- Private lending for flips- Private lending for buy and holds- Do your own buy and holds with a property manager- Partner for flips or buy and hold where you have an equity stakeEtc.

@Anthony D. from Rentsta has e-mailed me privately and I have been floored at how seriously he has taken my concern that one of their affiliates potentially sent me a misleading spam e-mail.He also took some of my constructive criticism with a good spirit. 

They know that the stock market is considered to be a "gamble" and a rise/fall does not affect their overseas real estate decision making. 

@Manolo D. is right that you are taking a big gamble.  

But I can take over your payments and pay them religiously for 2 to 3 yearsOption two we turn this into an investment property find a buyer that just missed financing and have them rent for a while, work on their credit, pay down some debt, and then when they buy it, they pay full price, you have a sale  without a real estate agents commission, without closing costsIt takes 2 to 3 years to get that done and you do have to have an insurance policy and pay taxes but you got some great tax write off's from the IRSSo Mr. seller which one of those you like the best, listing it with an agent and paying the costs to sell, maybe paying 5 to 10 grand out of your pocket to get rid of the housedealing with a property manager and gambling with landlord-tenant law, me taking over your payments, or turning it into an investment property and selling it down the road for full price, no commissions, and no closing costs?

@Gamble LiAround here (Fredericton), the inventory on 6-10 unit buildings is pretty tight  - though there are a couple for sale at the moment in a part of the City that is a little less desirable.  

I would definitely give it a try, it will be an educated gamble. 

Any ideas, or is it just a gamble?

Well, it's always a gamble.

Richmond is interesting because there are some up and coming neighborhoods but you are taking a little bit of a gamble if you bet on those.