- Purchased a 1960's vintage building, 18 units, in 2017 for $1.5M- In a major urban city in the northeast- Put $400K down and have paid down $100K in loan (so the balance is $1M)- Purchased it to supplement my 9 - 5 and use it as a resource of income to retire (15 20 years from now)- It's comprised of studios, 1 bedrooms and 2 bedrooms. 

For this reason, it can often be tricky to try to retire, or otherwise count on your cashflow to live off of during the first few years of ownership. 

BTW, my year to date has been on par with last year with ADR up a bit and occupancy down a bit (which I prefer) and my fall is looking stable given I’m in the hurricane prone area of SWFL. 

Hi Riyanka.While I reserve my top shelf contractor info for my clients, I'm happy to provide 3 hard money options. 1 warning- it's normal for most hard money lenders to quote a higher LTV upfront and then drop it, later, increasing your required cash in the 11th hour- so I recommend you pursue 2 at the same time.Ken Ketter, at the bottom, is the most LTV-stable hard money lender I've worked with in several years, but typically their loan money is dispersed/out- you may get lucky and they may have funds available.https://capitalfund1.com/https://www.hardmoneylendersarizona.com/Ken Ketter 928.853.5339If I can help with consulting in other ways, just holler. 

Maybe he can chime in.Here is a guide about choosing a custodian - https://www.investopedia.com/retirement/finding-custodian-se...I thought it was interesting reading, but especially to get one who is familiar with the asset class you want to invest in. 

They work well for mom and pop sellers that are free of a mortgage and are looking to retire on the cash flow. 

At this moment, we are now invested in 26 apartments across the US, replaced two six-figure incomes, and have retired from corporate America much earlier than we thought we could ever do.Lifestyles Unlimited has been around for 32 years and has over 50K members.

Investing in Stowaway SS appealed to me due to its stable demand, lower management costs, diverse tenant base, scalability, resilience during economic cycles, and potential for generating passive income.

Investing in this deal appealed to me due to its stable demand, lower management costs, diverse tenant base, scalability, resilience during economic cycles, and potential for generating passive income.

In a lot of ways i still feel 18 and i still have so much maturing to do, however i do feel mature in many aspects, i have a stable career, i pay all my bills, i have a car bill but it will be paid off ASAP (less then 300 a month) and no bad habits/addictions.