Typically you would include a down payment, and supplemental payments each month.

I am 63-1/2 and I have a decent pension that I am supplementing with a small monthly disbursement of traditional (taxable) retirement savings.

My goal is to acquire rental properties for passive income to supplement my income.

I have no debt and a well paying job, so I'm ready to start looking at supplementing my income with investing in rental properties.Ideally I'd like to purchase a multi-family home outside of socal that could be managed by someone else with minimal involvement on my part.

It is a good supplement to flip or hold strategy giving you more ways to work your business.

Our main goal is to save as much money as possible and leverage as wisely as possible to acquire enough properties, as soon as possible, to supplement my wife's income with cash flow so that she can stay at home with the kids.                                                                                                               

I am a slave to it, hence my design to begin supplementing with income from REI.I am fortunate to have $$ to invest, now I just have to invest wisely...

I met my income needs by supplementing with my E-Commerce business as well.

Considering we have no children, are still throwing away renting like fools, and are looking for some way to supplement and eventually replace my active income, I am convinced REI is the way to go. :)Thanks in advance for the welcome advice @Paul Timmins.

Or should I more view it as this 203(k) consultant is part of my team & allow him to supplement the home inspection report to formulate his?