@Patty C. thanks for the example. I still didn't call. I am going to today. No hesitation. Not sure why I am feeling nervous about it. He's a nice guy and a great landlord. I guess I don't want to make him feel obligated. But I am def going to call today. The worst answer could be no! Which honestly, I don't think he would say. I hope. :)
I have IRA. I pay myself before anything else. Plus my pension. I'm prepping for the future. I just do not want to buy in NJ that is why I wouldn't ask to purchase this home or any other home in my area. Right now it's about allowing my kids to finish school where they have grown up. It's only fair to them.
Having prior expierence in flipping many houses quick. Once I make the move I would like to get back into something again. First I am working on regaining my credit status. It has taken a toll on my entire life's work. Without a credit score, unfortunately your frozen. My passion was foreclosures and getting in and out quick. Standing back and looking what I did on a budget. It a very gratifying experience.
I don't think I could handle being a land lord. I feel for all of you. People, not all but lots are pigs. Excuse my term. But honestly I would have heart failure if I saw someone trashing my property. So for me it was bid, close, gut, sell and walk. Then I didn't have to watch my work be destroyed .
My perfect scenario in 4 years would be a home where the owner would be willing to hold the mortgage. I will post later today to update to let you know what john says about my floor. Fingers crossed..