Personally, I wouldn't put the money in a stock/ETF or bond fund unless my time horizon was 5+ years to need the money, but I think one year is the right amount of time to start being concerned about the money just sitting around.Btw, if the number is right about a year, perhaps consider making a loan or two to other investors...

I have already downloaded the ultimate beginners guide and have been listening to the podcasts.

I am concerned about renting this property and having tenants complain frequently about heavy traffic, kids in the yard, etc.

Also, not sure, but if they move in before the rental agreement date and there was some kind of accident or somethng, there could be some liability concerns there.

Consider Lowell as an opportunity.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast.

Being forward, this is my first post on Biggerpockets, and yes, I do work for Meridian, as our Key Accounts Manager.Biggerpockets has become a fantastic forum for investors, vendors and turnkey operators, so I thought I could use this stream to help clarify some of the concerns mentioned about programs like ours.For some context, I actually came to Meridian as an internet lead turned investor over 4 years ago and liked their business model so much, I came to work for them.The program we offer is actually a Rental Warranty, not a guarantee, which is a big difference.

I am concerned his constant complaining and confrontations toward my other tenants, who pay early every month and only call me for repairs, will cause them to leave.

can this be done or how do you handle the age old question concerning the mortgage payment.

If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast.