Seeking advice on how to spend "some" equity

[Eddie Fernandez]

First off thank you in advance for all for the great advice already on this forum.  I own a rental property free clear and obviously have equity.  Instead of taking that equity and buying another property I'd rather invest in more passive means such as notes OR something else that maybe I'm not thinking of. I'm considering taking about $30K-$50K out of equity in the property and investing it in notes, and the criteria for me would be to create a monthly passive income with respectable returns and don't have to deal with tenants.  In other words something that will help me in my path to leave my W2 job.  Is this a good idea or is there something else I should consider to do with this investment?  Appreciate any advice.  Thank you, Eddie