The people are way more healthy than we are (probably a diet thing and exercise thing) with old people running across the streets and riding motos! 

If I were going to buy another property before paying off the student debt, I’d want to be triple sure that the numbers were still healthy in the existing property after the cash-out refi , and make sure my cushion for vacancy is reasonable.

On this thread you'll see people reference housing prices, in many areas, haven't even got back to 2006 levels, as if prices in 2006 were healthy?

Have your notes ready and it would just look at it as a healthy debate.

Pick a market with healthy demand, low taxes and utilities, landlord friendly laws, and the highest rent-value ratio possible.

Didn’t plan on living that long In California from what I saw is that if your loved one is not sick but will need assistance , the government programs will not pay for anything - in my single family home I converted , I’d charge around $2500-$3500 a bed.So many of these seniors end up being healthy from living a good life but will need assistance.

Even after a gross over estimation I could be making a very healthy amount of cash.Thanks again guys

The magic of time in a 'normal' or healthy market.If you want $40K a month, that is $480K a year in 'passive' income.

As long as it gets me a healthy cashflow every month I don't care about too much else.

I may need a 2nd investor.What I would like to know about making this deal work:If I have $100k invested by one or two investors, what would a realistic or healthy deal on returns, equity, etc look like for the investor(s)?