She claims she cannot move her things out because she has a high risk child who should not be out because of covid.

I think what might add some context to my hesitation to jump into all of this is the fact that I am 7 mos pregnant with our first child and he also has another business that is not thriving yet - so all the unknowns of the expenses of those things make me want to be fairly conservative and be as bulletproof as possible when we do pull the trigger!

(Judgment, Child and/or Spousal Support, Reverse Mortgage, I.R.S. etc..)You don't want these popping up during your transaction.

I have thick skin so PLEASE feel free to poke holes in my thinking and show me where I might be off base.My situation: I am mid-30’s with a wife and young child, and we currently rent.

This is even if you don't have a child living there, you are responsible for the past tenants.

If you had $1M:- Bought 10 $100K homes cash, you might return ~5-7% on your money- Bought 50 $100K homes with leverage (I know 50 homes at 80% LTV is a stretch), you could pull in $120K COC a year at $12%- Use that money to invest BRRRR, you could pull in $200,000+ (infinite returns if you could find all 70% deals.Personally, if someone gave me $1M, I would build a portfolio for myself that generates an initial layer of cash flow, and then invest in into syndication deals (MF, MHP, SS, etc) to be in different markets and asset classes and take my time back immediately as I have a small child at home and want to travel more and show her the world.What is your highest and best use of your time and your investing goals?

I was able to move a tenant from my second buy and hold property into this property as the had another child.

The appreciation is largely due to the location of the property which is directly on the edge of a 170ft cliff overlooking the ocean with stunning views of Catalina Island and neighboring cliffs.Our family has always been relatively  comfortable, I was never hungry as a child and I never experienced stress or worry over my parents being unable to pay bills.

Having a wife and child (2nd one in a month) means that I absolutely cannot risk my financial security on a bad investment, or on something that doesn’t end up being right for me.

What I know so far is that I had a couple and small child move into one of my properties less than a month ago.