<prompt> Human: When my grandfather passes my wife and I are due to receive a house and some cash as an inheritance. The estimated value of the house is 600k. Are we better off keeping the house and hiring someone to be a landlord for the house or selling the house and paying off our house or investing somewhere else? My wife and I are in our late 30s and have retirement savings in an IRA and 401k. We owe roughly 350k on our house. Assistant: Between 600k and the hassle of being a landlord, Id take the 600k. Human: I dont want to be a landlord either, but theres services you can pay for that handle it for you.  <response>: They can insulate you from some of the headaches, but at a cost. Id still rather be investing passively and enjoying life. 