Any unemployed tenants got a bonus $600 per week which was more than their job paid in some cases. 

I will definitely take a deeper look, could be great exposure!

(I know a Dallas guy who started with a $1k bonus from his mechanic job, bought a duplex from the bank, then sold it for a $27k profit.  

@Ashish Acharya investing the money into a new asset and take the bonus depreciation write off?

And the bank always wants the value to be lower...because it reduces the banks risk exposure.

One management company I often recommend is owned by a guy who is also an architect, an added bonus when it comes to structural knowledge. 

You cannot put a personal guarantee on a note where the IRA is the borrower.Leading national providers include:First Western Federal Savings (Rapid City)North American Savings Bank (Kansas City)Solera National Bank (Denver)Titan Bank (Dallas)Be sure to speak with your IRA advisor or CPA about using non-recourse financing and the exposure to tax on Unrelated Debt-Financed Income that will result.  

At his level (and probably age) there's no reason to expose all of his wealth to market uncertainty.In terms of preservation, I try to build a motte around my investments to protect them from the market and potential liability exposure. 

I was riding high on the back of a new promotion and the large bonus I just received from Cisco Systems.

You'll need a second policy to cover the landlord exposure.