With the savings from reduced housing costs, you can reinvest in more properties, gradually building a diverse real estate portfolio.

Many older owners bought new when starting retirement or before and have aged along with the complex.

That’s not a lot of tax savings but it does give you $68k so you can put down 10% on your $650k home.

They have so many properties that rent to retirement gives them, that they could care less. 

However, as you mentioned, there is people for that who will more than likely save you money when you consider the time involved.

I will be increasing my savings amount to reflect as well.

There will be title issues, probate issues, original seller not willing to close issues, appraisal issues, hard money lender issues, family says grandma not in her right mind to sell at 50% discount issues, termite issues, foundation issues, structural issues, can't get insurance issues, I don't have any money to move out issues, or a whole host of other problems.Well...every now and then you find someone that wants to dump one and it is a clean deal and they think because they are not using a realtor, they're saving 6%. 

-have some saving but don’t want to tap into it too much.

- Any advice on cost-saving strategies for infrastructure?

TV developers continue to build new construction, and many folks bought in the market to rent out before retiring in the last 18 months.