> this article has very little to do specifically with investing after a startup exit. The article should be called "Why to invest in real estate." Or, perhaps

> this article has very little to do specifically with investing after a startup exit. The article should be called "Why to invest in real estate." Or, perhaps it should be called "A plan for generating retirement-suitable income using approximately $1mm of capital". Oh, hey, that's what it _is_ called (modulo some aggressive rounding). I agree with the first paragraph, though, that if it does turn out that you have $5mm, and if it does turn out that you can't secure nonrecourse debt, then it is true that you're also taking on extra risk.