If your goal is to make money, and you aren't finding deals that you think will do that, there are other things you can do.But more directly to your comment: 1. cap rate does not take into account appreciation.  2.

We have retirement accounts, a small private stock market account, and an emergency fund. 

You can create an account and look around for free so you can see if it will work for you. 

I dont want cash sitting in my bank account earning nothing.

My question relates to when and how to structure a business account.

Based on the excessive amount of hours spent and the lack of prior authorization as agreed upon and taking into account our prior communications regarding minimum acceptable owner distributions, I must insist at least the labor portion of the repairs be refunded.

Problem: Set & Forget - Most people know the importance of an accountability partner when it comes to goal setting.

Maybe just under $600k at 95% accounting for closing and keeping some (tight) reserves.

Remember, you may be tied up in several houses with little cash, so it is important to think of all possible situations.Who is doing the accounting? 

Don to me  passive you are not on the Checking account and Active you are on the checking account.