Prom notes are a security unless exempt .. 

There are risky, but high return options like QQQ which grew 27% over the last year or on the other side / safe end, there are super secure short term US government bonds like SGOV which pays out about 4.5% in dividends. 

With inventory expanding, it feels like there could be opportunities to secure deals, especially if the right cash flow potential is there. 

As I understand, landlords there cannot charge application fees, security deposits and evictions are VERY challenging.Have communicated with several PMCs and investors in Ohio market and not aware of any real differences from Michigan. 

I had a whole Analysis typed out but my wifi cut out so I've retyped a summed up version.

I've collected thousands in security deposit from my guests who've caused damage.

Since they are responsible for maintaining the relationship with you after the transaction closes, this approach adds an extra layer of confidence and security to your investment. 

At the very least you'll always know where you stand in any given situation, something few investors are secure about.  

As I’m nearing retirement, I just invested a similar amount in first trust deeds secured by real estate at 9.75%.

It takes a lot of energy to thoroughly vet a deal and a borrower to make sure financing is secure.