The settl4ement was private, but I bet it was at least $400k knowing the attorney's involved, maybe more. 

In most places you can deny on credit and criminal history. 

Quote from @Denis Ponder: Quote from @Lauren Cartmell: Hi everyone - I have a fully occupied duplex that I am looking to sell in the heart of Dallas, Texas.

You will need to find partners, you will need to travel to where you wish to invest, you will need to understand the ins and outs of the business by being actively involved and treating it like a business and not some super passive investment.If you don't want to do that work I suggest you just put that 200k into some sort of diversified mutual fund that can make you 10+% on your money without any of the work of real estate.At the end of the day this is just my advice and I'm only a stranger on the internet.

You would also want to ask what is your current rate, what rate can you get, what are the closing costs that are involved including points, ect.

@Meena MallikFrom my experience, securing financing for commercial real estate involves understanding your options, such as conventional loans, commercial loans, private lenders, or partnerships.

I am not sure what type of real estate investing you're considering, but it sounds like, with your family and busy job, you won't have a lot of time to be hands-on or personally involved. 

I’m sure you’ll find plenty of opportunities to share insights while also connecting with other professionals and investors who can help broaden your understanding of real estate.Looking forward to seeing your contributions and following your journey as you get more involved.

This site makes me believe that we should use a 1065 however since I am involved in the partnership.  

Though I would mix with antifreeze if the heat is off and your winters involve freezing.