I go by the nickname Will, but my given name is Willie Cager III.

I’m  Hey Jose, I would calculate your yearly expenses, divide it by 12, and that's how much cashflow you can take out.

IMO, Section 8 is a solid option here as they have closed the waiting list for a voucher, but you have to have a PM that knows how to navigate it.

That leaves off market, auction and wholesalers, also very difficult to navigate from afar.Buying and holding is a better strategy with that amount of Capital and has more margin for error.  

Did you also rent by the room?

Investments in Techvestor are backed by real property.

What did you meant by "right kind of revocable trust"?  

If so,Have you considered renting and turning your current unit into a rental investment (enabling a 1031 exchange after 2 years of rental income) ?

If this is outside your budget, then I would suggest you look toward the Plainfields (North, South, and Plainfield) and west (Dunellen, Middlesex, Green Brook) which are on the Raritan Valley train line and are ~1hr to midtown by rail, with easy highway access to 78. 

born/raised/ and ivested in houston my entire life. ive been selling all my single family one by one in the lasat 2 years. nothing makes sense to buy. taxes and insurance hit us hard like many others. i'm not an LP or private lender kind of guy so ive been just stacking money into a money market fund and waiting.what is everyone else doing to find cash flow?