I drive by the local motels each evening and count the vehicles of potential tenants. 

You can just purchase one cash flowing property.Definitely pay off your vehicle as that is consuming a big chunk of your money.Lastly, I also like the idea posed by another poster of doing something that you like and bringing in some additional income.Best of luck.

Positioning one’s REI as a cash preservation vehicle, not growth, is definitely a unique stance.

Or, In my personal experience, complaints about oil stains in the driveway we’ve owned for almost 10 years and never parked any vehicle in our driveway.

Such a vehicle is not suitable for passive rental holdings.  

It is not great condition although across the street from the college so my son can go with a vehicle. 

And in the wrong vehicle, this happens easier.But let’s not lose sight of the difference between a high IRR and a high PROJECTED IRR.  

@Shawn Ackerman - My reason as follows:Credit score 556 (not a deal breaker if it was medical bills)She co-signed for a car and has her own. 30-60 day late payments on the co-signed car (total car payments $750), if shes stuck with the co-signed vehicle.  

No reason to pay off a mortgage early unless you're sitting on a bunch of cash with absolutely zero you can do with it and it's just in the bank making you zero interest.Don't pay off your mortgage, instead find another investment vehicle that can earn you a rate of return that's in excess of what your existing mortgage rate is.

The passivity comes down to the investment vehicle you choose, rather than the city itself.