For example when someone wants to have financial freedom and spend more time with family, but then sets a goal by creating a heavy active income stream that involves their personal involvement daily.

Spend more than half of your total working hours in an RE business in which you materially participate.2.

Do I want something a bit more active or passive (how much time do I want to spend on this property or property project) That should start help you narrowing things down a little and once you're clear on all of that you'll have different criteria to overlay on when looking at deals in Perth/Melb/USA to fitCheers

My question is what’s the best way to spend my 1031 of 300k do I buy a 2 or 3 family put right ?.

2024 v 2025 is a gamble.

If its the latter then I always caution people spending money to save some is not always a good strategy.

I’m willing to spend some money to “INSURE” I’m not left out.   

People who think they are going to spend a few hours per week and make a $1000 is not reality.

I have another one were I optioned 120 acres that just got brought into long term planning for chips act. paid 5 million for it and spend 10k a month negative..

In a waterfall, the GP is incentivized to stay the course, gambling the LPs equity, because the GP only makes money above 7%.