and when relocating cross country, its either that (rent residence at least temporarily) or extended stay hotels and the like til close on residence. i opted for extended stay cuz there was more freedom/flex than most leases afford esp since just temp/short term.and i do know of some mature 'investors' who still live in their parents house interdependence style, like in the basement and stuff, and seem to have no interest in independence. can totally fathom the need to take in elderly parents when the time comes, lest they be placed in nursing homes. but living in parents basement or garage while being a supposedly established re investor is quite ironic too for it is what it is.

I have a wonderful wife who is a pediatric nurse and a 1 year old chocolate lab named Eddie.

Eventually some of Toms wealthy friends and golf buddies became investors and we went from not just real estate investors but to developers who built everything from shopping centers to apartment complexes and nursing homes but we were always real estate investors at heart.

Because my situation is very similar to Raphael....I became an accidental landlord after having to put my parents in a nursing home.  

(Their father is currently in a nursing home and his power of attorney is his brother who owns the house we are interested in). 

So after a successful 40 year career in nursing i am starting my second career in the mailroom so to speak (which is fine), trying to build capital and find creative financing so i can become a "real" investor.

It happens.We're nursing a bruised ego after not making a phone call.

She is in a nursing home and medicare is covering the cost minus her monthly govt income of about 1k which we pay to the nursing home.

By contacting the heir, we discovered that there was an unrecorded DPW debt for the decedents nursing care.On another property, which was a whole subdivision. there was no mortgage or liens except a nursing home lien.  

I am currently a restaurant manager and my wife is going to school for nursing.