I think this deal makes sense just need the cash to make it work.

I've been pondering land flipping for over a year now and think maybe now is the time to dive in, head first!

The major downside is the rugged road through the property.Given these two options, I'm just curious what you guys and gals with the experience think of it and what direction you would go if it were you in my shoes.

Also, You can try wholesaling since your interested in real estate- this is probally the best option IMO since it will help you get your foot in the door of real estate investing with a low cost of entryThese are just a few options I can think of at the top of my hand.

@Naresh Achary Vadla- thanks ...ask your CPA for opinion / options ....if you sell for approx  1 mill - your nest proceeds  will be lower than you think ... if you are not interested  in remaining a landlord- sell ...if no need for funds and being a landlord is OK -  keep renting it . 

Let me know what you think!

Do you think I should go directly to the umbrella company instead of the broker?

Think of the greater good and shore up.

If you want to see appreciation like you've seen on your primary residence you should think again about a California rental. 

Great question 1)  tenant is a serial killer (or similar 2) tenant is psycho and tries to sue me personally thinking I may settle and avoid litigation fees.