The answer to this question will take into account your mother's goals on how the money needs to work, transition plans in the future, risk tolerance, asset segment preferences (retail, industrial, MF, self-storage, etc.), and many other factors.

I'm giving myself a year to learn all I can and save up a down payment for my first long-term rental in my local area.

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.

I have a few rentals in the Fayetteville area. 

This experience taught me the importance of hard work, dedication, and the time it takes to build a successful real estate portfolio.In February 2022, I landed a job doing maintenance for a large REIT in the Halifax area.

I'm looking into potentially house hacking a small multi-family home, preferably in northern NJ (such as Morris county) or Westchester, NY if possible, but I'm open to other areas that are hopefully within about 1.5 hours (driving or public transit) of Manhattan.

@Kylie Gerstein the department of developmental disabilities may work with group home providers in your area who could use this type of home.

If you need to do a renovation and you have no contacts in the area, how is that going to go if you haven't done remote reno before? 

Not I, but I am sure people who bought in pop up markets during COVID are as those markets shrunk back after (i.e.

Passive Activity Loss RulesIf you are a real estate investor that doesn’t qualify for REPS status (discussed in #5 below), understanding the Passive Activity Loss rules is crucial.