If you move forward on a property feel free to update this post I'm curious to see how it turns out.  

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.

If it's a long-term renter, it's a cake walk if the property is updated and you will save 10% a month.

I used to regularly get threatened with lawsuits.  

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.

(We would have previously updated the mailing address for the loan so the check comes to us, not the borrower!)

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

The seller countered, explaining that they had installed a new AC unit and made other updates and they would not consider going any lower. 

Hello , l am just starting to rent a property out to section 8 tenant , what are the things to do to minimize/prevent section 8/regular tenants from messing up the rented property .

My family regularly places 3X wads of toilet paper with 6-8 sheets per wad in all 3 of my toilets and don’t have it clog.