No Section 8 or 2500 sqr ft palaces. 6- Long-term appreciation is a key factor.7- Not a necessity, but I tend to like houses on decent plots of land in suburbs.

Thanks for the ideas @Crystal SmithI hadn't thought about a land trust entity.

Do you have a crystal ball?

Had them fill in a move-in checklist, took pre-move in pictures, had them intitial next to a bunch of contract terms that I wanted to make sure they  were crystal clear they were aware of, and discussed terms of getting the security deposit back, etc... this was nearly two years ago.

I just wanted to crystalize my strategy as I acquire more units whether or not to spread the lease end dates out more.  

While no one has a crystal ball, consider whether that amount is right for a downpayment for your family given the new area, home price ranges (which may continue to appreciate, especially if rates come down in 2024), and the resulting expected monthly payments on a new mortgage. $50k might be the right amount, but if you haven't already projected monthly P&I on the new home at $50k down, I'd recommend doing so before committing remainder to investments.3. 

Good stuff @Crystal Smith 

If only we could have a crystal ball. 

@Crystal H.Thanks.

If I built what my architects wanted to build, I would break even because they all want to build palaces in markets that won't support what they are designing.