Much simpler.  

One of my favorite general business concepts is how one of my favorite writers defines business strategy - "What can we do that is really freaking hard?"

This also leads owners to ASSUME simpler is better when it comes to management contracts.

The other important concept to know is that you may not cash flow that well this year.  

Under the legal concept of "tacking," the possession of each owner is tacked onto the possession of prior owners for purposes of determining the relevant time period.

Cheaper and simpler than a trust. 

This also leads owners to ASSUME simpler is better when it comes to management contracts.

You'll want to learn more ways to increase your income now and in the future, keep your expenses low, and take the difference to invest into assets, real estate/business.My favorite concept from the book for someone in your position is the "Runway".

@Andrew Low in addition to what everyone already said, the concept of OPM is more so to use as little of yours as possible.

@Jason Kenney the concept of "cash-on-cash" returns is basically "How much money do I get from investing a certain amount of money".So in your example above, your "cash-on-cash" return is infinity.