General advice for my (potential) situation
I stand to inherit ~$200K in the next, say, five years. No guarantees, but it looks likely.
I'm 50, I owe $80K on a 3/2/2 with comps at around $110K in a decent neighborhood with excellent schools in a typical working class suburban neighborhood.
I have no other debt and my credit score is 790.
My only son just turned 18 and is a senior in high school.
I'm divorced and happily alone at the moment, with no plans to marry again.
I'm tired of working for others and want to work for myself with an eye toward being more retired than not in 10 years.
I have decent handyman skills. I'm sure I could fill the "fair but firm" landlord as a business role. I'd have no trouble starting eviction one day after the rent was late.
I'm willing to pull up stakes and move elsewhere in the country if the prospects are better for real estate investing, but I'm also happy enough to stay in the ABQ, NM region where I am now.
I'm willing to learn and work any strategy, not just buy and hold to rent--though that seems like a decent one for me.
What does the BiggerPockets community suggest I do?
Thank you for any replies.