max the 401k, but change allocation to bond.

I'm already familiar with Stocks, Options, CDs (Ladder), Bonds,..etc.

Linda / Matthew - I've hired a handful of crews for this rennovation and the plumber and electricians were the only ones I know for certain were insured and bonded.  

@Renee ChaseMaybe a balanced approach, invest in real estate/stocks&bonds/high interest savings 100k/100k/100k.If you could find a property that suits you in the smokey mountains with seller financing, use an attorney - and buy direct.

Meander through the lengthy thread on this post for more info; https://www.biggerpockets.com/forums/92/topics/244...Not sure if you can legally use the LLC to serve as the PM in that capacity. 

And make sure he has a State Contr License, a Bond, liability insurance and Workers Comp for his employees/ Also get a release before you pay any sub-contractors.I've been doing this for decades and this one smells like trouble.

Need more info on this such as UPB, P&I, Int rate...For example if it’s a lengthy terms second at a very low rate 50% reduction could be fine because the loan will take forever for you to earn your $ back and thus be a very low yield

It should be looked at as a long term thing like bonds..

Often you can get a bond, pay a fee and get licensed.

If you have a plywood subfloor you will have to use luan and feather the seams to get a good bond.