@Barry Ratliff   WOW what a history and wealth of knowledge....you'd be a fantastic speaker at any investment club.If you are accredited, then I would be looking at syndications.....NNN, apartments, storage, industrial warehouses....that's the passive part.Almost everything everyone else says is passive is probably really active....even these activities above can be somewhat active until you hand over your money.

It is a massive industry and I can point to a Storage Facility in FL (one of many that were seller-financed) that was done with seller financing.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

He now works in a different, but not totally unrelated industry and loves it (medical devices R&D).

I don’t have any inside cameras, except sometimes in my private storage basements, so unless someone tells me, I don’t have any idea who tore the couch or clogged the kitchen sink.

Similar new units sell for upwards $1500.Fortunately for me folks are vacating large homes & moving in to apartments & condos and there big refrigerators won't fit their new digs so rather than putting them in storage most folks end up selling them.

Explore other types of investors who would also have an interest in land--mobile home parks, RV parks, RV and boat storage, self storage facilities, junk yards/tow yards.

Not only do you gain extra storage but the island has enough seating around it to accommodate 4 people comfortably.

I now own 33 rentals and 135 storage units and 100% financially free (but I still work). 40 is still young.Definitely start with paying off the debt.

The building in my town has three spaces, the basement that is leased for storage, the post office side, and the owner of the building runs a coffee shop out of the other side.