@Brett Mason it’s a great idea because you can reduce your largest expense item (cost of living) and build up your equity nest egg for future investing.

I do have a good nest egg saved up.In this situation, would you stay at the basically free house knowing it was going to need periodic work to it which was never going to pay you back or would you go on to the next deal?

Many a forest fire out west has been started by a knucklehead trying to burn Wasp nests out of their eve's..  

Our property has a nest system which operates thermostat along with interior and exterior cameras.

If you want a little nest egg with lower risk you might consider paying off a property at a time and building a portfolio that way.

If you are comfortable with rental property and feel you can put your retirement nest egg in a safe and productive place with real estate, then it is a good investment.There are other also good alternative asset investments such as private lending, participating in syndicated apartment deals, private funds that focus on real property assets and lending, etc.For a person with a lot of money and wishing to be truly diversified, then investing in direct ownership of real property with non-retirement money and putting the retirement plan into something else might make sense.   

I would recommend continuing to hang out here on BP and also listen in to this podcast as the topic of getting started successfully has been discussed and will continue to be discussed for the nest several weeks.https://www.blogtalkradio.com/...Best of Luck!

I've found a local maid service and I'd self manage from a far via Nest cameras and remote locks.

As far as keeping it to build equity, it’s up to you to make sure you have a nest egg for when maintenance and any CAPEX items come up.

You're also marketing it as we come into the cooler season, where no one wants to uproot their nest to move unless forced to.