In return, you'd earn interest on your loan without the responsibility of property ownership.Diversify in Other Asset Classes: Since you’ve had success with stocks, you might want to consider diversifying further into things like bonds, index funds, or even crypto, depending on your risk tolerance.As for the parking lot idea, it could be worth researching the market demand in your area.

I don't even know where to find deals like this these days...  

Potentially even visa versa since putting a few short term rentals would immediately generate some income and then sell off the parcels either with or without an income producing rental already in place.

You might even find an episode featuring an investor who's killing it in your market.

Fortunately, we didn't lose money on this property but just broke even.

Michael, I just got banned for "Spamming" which I'm not even quite sure what that means. 

We originally used an FHA loan with 3% down, took on MIP, and now have a $2,100/mo mortgage with $225 HOA/mo - so about break even on cash flow. 

So post your numbers and let us take a look......even give the address if you're comfortable doing that.

Even when you buy a property with tentants, you also have the risk that they stop paying you and since you didn't screen them, you are left with just hoping they won't do that.

Took about half a year to learn how to walk, talk and even eat again, but bounced back to my love for real estate investing and the two things that transitioned me from just wholesaling to actually buying deals as an investor was creative finance and private money.Bought my first rental property in Easley, S.C. owner finance and one of my best rentals I still own today was bought subject-to!