Another person with a few million in investments (mostly liquid types like stocks, no mortgages, one paid off rental property and doesn't want to buy anymore property) is make quarterly payments to the IRS. 

Rounding the bend on quarter 1 of 2024, let's look at the Raleigh Housing Market and see what's going on.

Don't do anything in cash however, someone will eventually break in, destroy your machines, and steal the $50 in quarters.

I think the last stat I saw said 30% of the buyers in 4th quarter were cash in DFW area. 

If i paid off my first rental, it would bring in $2750/mn (before quarterly taxes/expenses) and then i would have a bucket of equity to tap into if i ever wanted to buy more property.

They can build an inexpensive Manager's living quarters and live there, saving on buying a residence. 

That includes the mortgage, the insurance, if there is any electricity the landlord is responsible for, if the landlord is responsible for any of the water and sewer, not all of those bills might be every month, some might be quarterly or twice a year like the insurance, and a small percentage set aside each month for vacancies, maintenance, and eventual capital repairs.

It's a MIL apartment down in the lower quarter.  

So, yeah, they're looking at a quarter of the pie, not a third.

I won't be itemizing, so the quarter we occupy will not be deductible this year.