Over time, repeating this approach can help you build a versatile portfolio.Good luck!

They can offer a more hands-off approach while you get your feet wet.

If not, and this is not the case we can chop it up on other approaches. 

I'm interested in a similar approach: live in one unit and rent out the rest.

Our house and land are special, so not worried about selling those in say 15 years or my son can keep.With Cash being King, I use a Buyers' market approach down there. 

I completely agree with your approach to private money lending.

Are there any tax or management benefits to this approach?

We not only lost our hard-earned money but on top of everything, our health suffered, I had several sleepless nights due to the stress and anxiety that this horrible experience created for my wife and me.After the buy-back was completed, I approached Maverick to at least help us with our losses by requesting us to give back ~$6000.

Best of luck on your journey—your approach is strong, and with persistence, you’ll be well on your way to achieving your goals!

So you have that approach as well.