Can I even be financially independent in this situation?

That can easily become financial suicide. 

I am wanting to start real estate investing to become financially free in the future.

And, due to the arid environment, property upkeep generally remains minimal, saving on both time and costs compared to areas with high weather impact.Moreover, the mid-term rental (MTR) market in Las Vegas presents a significant financial upside, often doubling the rental income compared to standard long-term leasing.

I have worked in recovery, but currently am retired and have rentals I would like to possibly rent to Oxford house- or possibly convert into sober living if it makes sense financially.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.  

(I know it's hard without seeing the full rent roll and financials, let me know if there's any other general details you'd need that would make you this "oh, that's why they offered that" kind of thing). 

While the repairs will temporarily affect rental operations, the long-term tax advantages from depreciation could help recover some of the initial financial outlay.In terms of negotiations, it would be wise to push for a larger price reduction instead of accepting a cashier's check, given the magnitude of the repairs and the expected loss of rental income during the downtime.

So, your tenant's financial situation remains stable. 

You can make more if you self manage, but that takes time to set up and there can be a learning curve that costs money.Our agents are well versed in providing full financial breakdowns of every property they look at.