Too many people face the nightmare of running out of money during retirement, a time when they are least able to reenter the workforce.

I’m about 4 years from retirement and regretting not venturing into this world sooner.I’m currently going back and forth on whether to focus on short term rentals in Florida (Destin, PCB) or long-term single family homes in the Birmingham, Al area.

I had a retired United Pilot that after 3 months I had to ask him to move on..

Buy-and-hold rentals provide a more stable option, with projected annual appreciation of 5-7% and a strong rental market driven by population and job growth.

Protect yourself with that criteria If you are in a stable market and are confident your house will rent soon, maybe now is the time you will consider whether you are going to accept felons and the rules around that.

About This Market: Parma, Ohio, boasts a stable population driven by affordable housing prices relative to national averages.

During Covid, a lot of the old guard retired.

Having worked in and around real estate including loan side for both residential and smaller specialized commercial (medical), renovation and new construction/new build with a broker & brokerage founder (who has since retired) I know from him that in addition to reputable property managers, contractors and architects we had accountants including a forensic accountant on the loan side and a handful of real estate attorneys with one on retainer.

Interest rates might stay stable but keep an eye on them.

But it can a good area for cash flow because rents are high in comparison to house prices and seem to be stable.