A good attorney can be worth their weight in gold.... but hey, that is easy for me to say because I am one!

I would carefully allocate the money in a gradual manner.30% allocation: $300,000My own business (S Corporation) - highest risk, highest reward.

I bought the place for cheap and gradually renovated it over the two years I lived there.

I'm in it for the long haul, so if the numbers work today the future doesn't concern me as much, but I would hope home prices and rent continually and gradually increased and hopefully within the next 5-10 years interest rates came down to allow me to either refinance and pull a lot of cash out, or greatly reduce my mortgage.But in an effort to get my wife involved and excited about real estate we've switch gears and are currently looking for an STR along the NC coast.

If the existing tenant are otherwise good you may want to move up the rents gradually.

Lee Andrews provides a printed certificate from his company which holds absolutely no legal weight nor authority.

My weight, blood pressure, and cholesterol levels got out of control.

My goals are:- Spend more time with my family- Add two more $200K houses or two duplex, which will max out my Freddie/Fannie loans - Hit my numbers in my W2 job to get a nice bonus and bank more cash for rental properties- Focus on diet and exercise to lose some weight- Take three family vacations flying to the destinations- Expand my retro video game collection and overall improve my game room- Borrow @David Zheng Gallardo for a weekend after he upgrades.

Attaining financial freedom is just like losing weight.

Just screen section 8 tenants like you would anyone else, just do not weight the income as much.