Our goal is to live off the cash flow preserving the "equity" passing that down to our kids.

Simple, transparent, professional and you don't burn any bridges with local realtors while preserving the relationship.

In your 30s you are in your wealth growth mode and in your 50s you should be in your wealth preservation mode.

We personally look for *good schools*houses that appeal to a class A neighborhood so we can self manage from a distance*houses who's mortgage is less than rent*houses in an area that will experience appreciate higher than inflation to preserve my investment

The name is actually fairly new, as a part of a recent grab for free federal historic preservation dollars, after which the city immediately started demolishing historic buildings in favor of new development, which continues today.

Based on what I have learned, real estate seems to be the most stable vehicle for preserving wealth.

I would recommend using a property preservation company here. 

Memory preservation activities are needed by many people.There are other services provided by the assisted living facility, or available for a fee from the facility.

Note that on the Calabasas flip video, the ceilings are drywall and not T&G and the Sherman Oaks flip doesnt have the before shots before I started the ceilings, however, so you know what I did, I wrapped the beams and put drywall over the T&G thereby preserving the wood and simply painted the drywall.That all said, keep in mind that all of my examples were done here in CA where modern and contemporary homes are all the rage and deliver some of the highest resale values (in most, not all areas here).

Are you looking for max cash flow or ROI and are you willing to invest in lower quality properties in C and D areas to get it or do you want that sweet spot combo of capital preservation and reliable cash flow in a solid B property?