Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.

Greg,What type of mentor are you looking for, in terms of where do you need the most help right now?

Fast Turnaround: Unlike long-term rentals, you can cash out quickly and reinvest.

A trust transfer allows for smoother estate planning, and if inherited after their passing, the land receives a step-up in basis, reducing future capital gains tax.Each method has pros and cons depending on their estate plans and your long-term goals.

Play the long game and hold onto that equity. 

However, after accounting for long-term capital gains tax and other expenses, you would be left with $150k which is important to budget and account for.

It doesn't take long to learn how to spot a good deal.6.

How feasible would it be to transition her to Section 8, and how long could this process take in Brooklyn, NY? 

Rental properties come in several flavors... short term, long term, etc.  

However, I probably would not upgrade it but I would rent it out LONG TERM at least until you know your long term status in Portland.