Tbh it’s really not a great time to invest right now, the yields are for the most part with a few exceptions below what you can get in a bond/stock.

., a bond), or the holder's other rights (e.g., an option)."

This translates to: they know they will make more with your money in stocks / & bonds long term.I know the allure of fixed / known income is appealing… but if you do the math I bet you will find that the historical average of the market outperforms what the insurance company is offering as the return on the  annuity.  

We also don't have a redemption bond, our mortgage company didn't require it and we didn't even know about it honestly when we bought the property back in 2022 (we've waited this long for mediation and a trial date). 

FYI - I am also a section 8 landlord, and have had no issues with my tenants (thankfully) BUT understand that trying to get an updated rental amount from the housing authority is much like pulling teeth out. 

We're trying to get a basic quote, and it's like pulling teeth.  

My first suggestion is to only look out of state after you have "cut your teeth" closer to home where you can experience and learn from the process way more quickly. 

Need a new roof in a 3-5 years, you probably want to be pretty liquid (year long CD, Money Market, maybe very short term bond fund etc) for those funds.On a condo board 15 years ago, I  was once able to get us into some nice CD's a decade ago that laddered with the useful life of components.

Our stock/bond portfolio is currently at around 30X expenses, plus we own our primary home with $200k outstanding on a low-rate mortgage.

My contactor is licensed bonded and insured and he called the neighbor offering to cover the cost of exterior detailing of his car.