Co-living, on the other hand, mitigates this risk by creating multiple income streams.

Why would you take your cash, and spend it on a property you don't need to spend it on, instead of using that cash to increase your properties,...and income.

That's actually an excellent idea .... do you know where I can get more info on how to rent out the land for passive income? 

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

I also live in Tomball and have a similar need for a CPA with heavy RE / investment income experience.Matthew

Otherwise, broker classes that lead to a real license are cheap.If you want to become a real broker, earn a real license.

Do you sell any bank foreclosures in Comal or Guadalupe county Texas?

Financial freedom isn't simply about replacing your current income, because inflation continuously drives up prices, making a fixed income insufficient to maintain your standard of living.

If you prefer to stay local and build equity, house hacking a duplex or triplex in Fort Lauderdale could work, especially if you can add an STR component to boost income.

But I would be passing up on a big promotion that could lead to significant increase in income.