Since I am entering this field in the latter part of my life (63), I do not want 'long-term' investments as I am not interested in making millions, but having enough for the remainder of my life to 'Vive La Vida Loca'!

I bet you learned A LOT.You can also leverage my team to help you out next time.

Of the many strategies I've looked into, House-hacking and short-term rentals piqued my interests. 

Connect with other investors, agents, and property managers to get a feel for the area and learn from their experiences.Are you thinking about house hacking or just straight-up rentals for now?

Purchase price: $265,000 Cash invested: $40,000 3/2 1728sqftLake access What made you interested in investing in this type of deal?

Purchase price: $162,500 Cash invested: $75,000 I was offered this property directly before it went on the market from my agent.

Quote from @Collin Hays: This is zoned commercial, so I could do pretty much anything I wanted with it except a casino.ouIsn't the Texas legislature considering casino gaming this session? 

Just bought 3 houses last week from a builder. 

HIWe are Canadians and have been investing in the US for 8 years now We have learn a lot from early mistakes  and are more then willing to shar what we have discovered with anyone who wants to chat.

It'd take ~16 years to get the same cash out from the first scenario as the second (~10k).