Keep $300k semi-liquid in your choice of cash-like investment (something that can be turned to cash in <3 days.3.

Take a semi-retirement and get a gig that is a more chill when you come back. 

@Sarah Vance Personally, I dont think renting and being a semi-long distance landlord is that big of a deal.

I am semi-retired, and revenue from a single Airbnb in downtown Seattle provides most of my income.  

I have a little BP ADHD :-) Specifically, we prefer to invest in northern CA since we know the area, have most of our immediate family there, already travel there semi-frequently and my sister-in-law owns her own PM company and can manage our acquisitions which gives us a competitive advantage.

Was gonna semi retire at 3 mil, got wiped out with 2.5 or so in '07. 

We use Sherwin Williams PM200 Semi gloss on trim in white with a shot of black for increased coverage and for walls we use Sherwin Williams PM200 Flat in Navaho White.

Now you have a semi-passive way forward that is scalable, could do thousands like this. 

I had considered maintaining a certain dollar amount in reserves and semi annually diverting 75% of the income to the beneficiaries and the other 25% into a separate account designed for expansion so that the pool does not get too watered down as the family grows. 

The reason that affordable housing is not made more prevalent is that, in our semi-free market, building and providing affordable housing is not the highest and best use of capital.