Have the extra cash to really enjoy getting to know Europe.  

After adding an extra bedroom and bathroom and rehabbing the house, I was well over budget.

I also think most markets won't see anywhere close 6% cap rates (for single family homes which is what I personally invest in).The questions you get to ask are then:Is the extra 4% worth the hassle of management and lack of liquidity.   

Living in one unit and renting out the others could offset a significant portion of your mortgage, giving you extra breathing room as the sole income earner.

CA doesn't have an extra $30b/$40b laying around to do that, not to mention the additional billion to actually do the project to be build ready. 

Quote from @Chris Seveney: Quote from @Jason Monaco: I listened to the webinar....more bad news. supposedly the company that was handling the pay off of the loan sold more assets than they should have and kept the extra moneys made on the sales.

You are not going to qualify for active and will not get any extra depreciation.

Most syndicators are not very motivated to put together profitable deals because they make money by putting together the syndication itself.As I've mentioned, not all of my passive investments have done great, but in aggregate they have done better than average because none of them have any of the items mentioned above. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

I do value her as a cleaner and she definitely goes the extra mile and are the eyes and ears on the ground for me.