I know it's not sexy, but conservatively approaching this will help you grow the weath and not burn through it.

@Patrick Froehlich what about early teens 😂 16?

Sometimes a 6 or 7 pref isn't sexy but if it's a strong investment with limited variables to the cash flow stream then might be better than a pie in the sky investment where the odds of not turning out well are higher than doing good.

I'm assuming this is apartment syndication type money in the mid-teens on a 3-7-year horizon.  

I know it's not sexy, but you can fix it up and have a 300k+ house getting 2500/month in rent. 

Section 1.469-1T(e)(3)(ii)(A)" -- yes, the actual tax code -- just isn't as sexy or well-known as the "STR loophole."

Appreciation looks sexy, but when you break it down, high-cashflow markets offer far better return on equity and scale faster passively.

Some teens get into wholesaling by finding leads for investors, though you'll need help from an adult to sign contracts.

It's not as sexy, but the consistency and peace of mind knowing that income is coming each month for a year at a time during a time of economic uncertainty is crucial, in my opinion.

I am taking care of the rentals and 2 teen daughters.