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If your goal is financial freedom you need an income that meets four requirements:Rent increases faster than inflation: Only if rents increase faster than inflation will you have sufficient dollars to pay inflated prices in the future.Sufficient to replace your current income: You must have sufficient income to replace your current income.Lifelong income: It must continue throughout your life.Low operating costs: Every dollar you lose to operating costs is a dollar less for you to live on.Rents Increase Faster Than InflationWe live on buying power, not a fixed number of dollars.

After the boys moved, I have chosen to continue and picked up several more properties.  

It's a deadly duo.I continue to invest in out of state rentals but predominantly in the South East.

I would continue doing this process very aggressively.

I'm not clear on the question here, but if the buyer wants to continue to rent and the seller agrees, he would stay month-to-month and the rent would go back to market rent or whatever was in the lease at the time of the initial contract.

It's crucial to stay informed about market trends and continually educate yourself on industry best practices.

We intend to continue with the same business model. 

The idea that the very thing I enjoyed most could potentially make me financially free one day seemed to breathe life back into a confused, lost 16-year-old.For over a year, I continued to watch, listen, and read about real estate investing, as well as study to take my Michigan Real Estate License exam.

We were trying to avoid a farm lender given they generally have higher interest rates, but per the above it sounds like that might be worth pursuing.Our short-term plan for the property is to continue to live in it as a primary residence while we continue fixing up the house.