Hands-on, direct management is not scaleable so decide how big you will grow your business and then find the model that works best at each stage along the way.Being a REI is closer to running a business than it is to a completely passive investment (stocks or bonds).

You have achieved beyond that already.Are you knowledgeable in some other type of investment strategy (stocks, mutual funds, bonds, gold, etc) where you could have done better considering the amounts you have invested?

That may be a tough one to cut your teeth on.

In the mean time your $520K asset is producing interest income of 5% for you which is better than you can get in bonds and other safe investments.

If she had, she'd have gotten appointed but probably stuck getting Letters of Admin due to lack of bond.

Each state has their specific laws and these laws have teeth.

Oh my, what big eyes they have, what big teeth they have, trying to get through the door, well, you don't need to tell Little Red Riding Hood all that junk, just make an honest offer, put a sale contract in front of that lender, detail the repairs required to get to that market value and deduct those costs. 

I guarantee the first time you don't do the credit check, will be the first time you get kicked in the teeth(metaphorically, but in some neighborhoods, literally)

Almost every asset you might have; stocks, bonds, property, business, etc... are counted EXCEPT FOR CASH VALUE OF LIFE INSURANCE, and Retirement Accounts in most cases.When my oldest was about 16, my wife was Gifted a large lump by a relative that was still living but elderly, like in the 100K+ range.

Would you be willing to accept this new fangled idea of tenants offering #fintech surety bonds or deposit insurance or rent guarantees instead of a refundable cash deposit Here's an article https://www.axios.com/2022/05/...