You are the landlord you are in the power position not them you should adhere to the “golden rule “- you have the gold so you make the rules !

My "reserves" are actually invested in equal parts cash, long-term Treasury bonds, the total work stock market, and gold, which is a very defensive asset allocation that should theoretically hold its value and likely grow in just about any economic environment.

@Mary Gold if you sell your old property and do a 1031 exchange you must purchase at least as much investment real estate as you sell in order to defer all tax. 

There may be a delay to start, but all other payments are mandated by the court and paid by the trustee - better than gold. 

I am sure you think you work hard for your money but  I have seen many investors who do shoddy jobs or less than quality on their flips and price like they are gold plated so let's not call the kettle black. 

Jay Hinrichs I don’t think BP is ready this morning for all of the GOLD you just spilled in your last comment.

They just knew it was gold.

Mindset and goals are everything and when the numbers can lay the course you are gold!   

They just knew it was gold.

If you want "Safe" try gold. ;-)