Quote from @Jason Burkart: Quote from @Linda Weygant: A few issues come into play on this.1. 

You can always purchase more and take on more debt. 

Hey brother, first off, I'm very sorry to hear about your wife, prayers and blessings from my family to yours. 

Strive for constant improvement, adapt to market changes, and continuously learn and develop your skills.

This allows you to report the rental income and expenses directly on Schedule E of your joint tax return, simplifying your tax filing process.

Most banks won't want to come in with a line of credit that is second lien on the property.

I have flipped new homes and townhomes but phased out raising a family and now am focused on utilizing my skills which are building, selling, expanding a circle of influence to focus my effort on the above.

More affordable, growing, but not that much going on (IMO).

I'm going to be doing all the research and execution, and I would self-manage the co-living at least the 1st year or two to learn it.

I think that a part time investor can have success with syndicated offerings and triple net leased properties if they’re willing to learn real estate fundamentals, perform “due diligence” on the deal/sponsors/property and engage legal help.