Starting with fix and flips sounds like a fun adventure, and looking into short-term rentals shows you're thinking ahead.

It ain't no fun. 

I have not heard of AAPL but Las Vegas is a fun place too.

But we’ll have fun until then.

He was talking condos, but for some fun, out of the box thinking to get your juices going - I would totally take your budget and get as many mid-century bungalows in Burbank between Magnolia and the Chandler Bike path that haven't been remuddled, with the original wood floor under carpet. 

Not a big deal but he drew the line there just on principle and I think kinda for fun.

@Jack B.Tax planning for an orderly disposal can be fun and highly recommend you work with your team on this.  

You can get the same (or more) rent and have a more casual and fun experience.Just my $.02

This is for fun and entertainment not financial advice please consult with your advisors.If you want to find some options head over to the build your team tab to find tax and finance pros.  

I like them as I buy fun ones I like to stay at.I do buy LTR houses where I am making 30 to 200% return on investment.