The last few years I've been seeing great results with simply index investing (which I'm still continuing in multiple IRA accounts) so I guess part of the motivation for real estate was to diversify a little bit  (in addition to the REIT holding I have). 

I want the real estate part of my portfolio (I also invest heavily in index funds) to be as less risky as possible.

I live in Florida now, I wish Austin had a beach :)Reduce Cap Gains: The only option you really have if you already sold the propertyis invest or create your own Opportunity Zone LLC.See the Austin Map for the areas you can invest in while paying no cap gains :)Full map here: https://esrimedia.maps.arcgis.com/apps/View/index....

. :)The Case-Shiller home price index has appeared to be pretty cyclical since 2012.

Why not just invest in the stock market via an low expense S&P 500 Index Fund, which since inception has a CAGR of 9.5% and includes  no hassles, no tenants, and no toilets.  

I don’t like qualified plans as they lock up your money.I still like index funds held in a brokerage account and I like HSAs as they offer triple tax benefits.Rental properties and whole life cash value insurance work well together.

In Quebec, there are several tools available for investors to review liens/transactions on a property/transactions (Index des Immeubles) as well as owner and tax information (Role d'Evaluation) .

I have a term in my (Washington State) group lease which says somewhat unnecessarily that if all parties agree then a one-page Extension Addendum will be acceptable and will modify the current lease no more than by changing the end date by one year and the rental amount by the change in the Zillow rental index for the area, and that such an extension should be signed a month before the end of the term of the current lease. 

Unless you are a REIT or a Hedge Fund, Case Shiller National Home Price Index is of limited usefulness to you. 

Things are really now starting to snow ball and it has got me starting to think of diversifying some into index funds and maybe some bonds to great another layer of FIRE protection.