Vegas is fun!

aren’t you afraid that a one year old dog will chew everything in your rental?  

Hi Jessica,So find another business partner, and invite your friends out to a fun movie (if your brave enough re COVID).Tail can't wag the dog (and that goes for both sides of this situation).Good Luck!

But you still get the benefit of debt amortization and appreciation of the full $700K in addition to the regular cash flow from the cash portion.For those looking to simplify or like you who have had your fill of the not so fun side of landlording these can be a very nifty transitional investment. 

We have two young children (3yo and 1yo), which makes everything just a touch more complicated (but fun!)

Flipping sounds like a ton of fun.

Also volunteering for community projects is fun and a great way to meet locals.

You've brought a doozie for us to chew on.Most of my understanding of the insurance industry are anecdotal at best, and fear-based at worst. 

I know conventional wisdom says don’t bite off more than you can chew.

But more generally, fun fact, housing prices have only dropped in 1 of the last 5 recessions (including the Great Depression).