I feel like so many things sound interesting that I can't settle on the right strategy that applies to our specific situation, so am turning it over to the forum for some "what would you do" opinions:Our situation:Excluding money that we won't touch in retirement accounts and emergency savings reserves, we have access to a decent amount of capital which could potentially be utilized for RE investing, including:$150k cash $450k equity in primary residence ($500k balance @3.4% that will be paid off in 15 years)$250k equity in SFH rental (our only current investment property that cash flows $300/mo) - $300k balance @3.6% that will be paid off in 25 years)$500k in stocks/bonds in actively managed brokerage accountAlso I am an accredited investor, if that opens up certain unique opportunities.I am looking to generate passive cash flow income from RE investments of $10k/month within 5 years and $20k/mo within 10 years, and am looking for the lowest risk and most "hands off" strategies to achieve those goals, as I still work full time (for now).I am currently living in the Seattle area which is way too overheated and I believe is approaching a peak, meaning local SFH investing is not very attractive to me due to the terrible cap rates / rent:value ratios.

Plus another advantage to using credit cards is if an emergency occurs and you need quick financing, you can use your credit card business receivables to get a fast loan, usually within 3 days.

Next time have a cash emergency fund before buying.

Of course, if you're looking to buy and hold and generate passive income, you don't want to sell a rental in the first year or two (barring emergency situations) but you've already bought, you've already held, so I wouldn't hold onto this cash cow just because other people think you have to keep everything you buy forever.

I've found that true "emergencies" are few and far between, but when they do come in I get the appropriate contractor to the property right away.

Would choosing an emerging market and finding a broker be the best way to get things in motion?  

Then make sure you have emergency plans in place in case that happens.

Save every cent of the cash flow for at least 6 months to give yourself a reserve for emergency repairs and you should be pretty good.

The lease says 24 hour notice, except in emergencies.    

If that's the amount of money you have lying around besides a cash emergency fund, and no high-interest debt, and if you don't own a home already, you might use that and a couple more pieces to fund an FHA house-hack, maybe a duplex that needs some work.