My wife and I have an opportunity to purchase a property in South Lake Tahoe from her father.

I have a great job that I love and currently do not need to spend the cash flow from the properties. 

Quote from @Mary Jay: Hi guys,1) So I have an insurance broker and it seems like the properties I have with him keeps getting inspected by the insurance companies.Our house that we live in is with a different insurance broker, 10 min away from the other ones, and our house NEVER gets inspected by the insurances.Roofs are the same age.

I have a w-2 income and own three properties, all long term rentals, that I've had for a few years.

But I'll keep you in mind if I come across any residential properties in your area.

You pay a bit more, but you get exactly what you want and don't have to worry about maintenance for a while which is obviously a savings.I live in the Woodlands, so considering the location of my home and rental property, I'd ideally like to build this in the area of The Woodlands, Conroe, Spring, Tomball, Klein, or Cypress. 

We are seriously considering  rent to retirement properties given the relative passive nature.

Personally I could not justify investing $11k in a course that teaches you to rent a property then turn around and rent it to others. 

Obviously, it's not beneficial to every property/owner, but we do see many investors benefit from it.

I was able to get more information on the property then if I didn’t know the seller and I’m still able to contact the seller if I have questions.