Talk with some securities attorneys, brokers, lenders. 

Security – Achieving financial freedom by 36 means you need a strategy that moves faster than traditional buy-and-hold rentals.

It may also allow investors to secure financing or begin renovations with confidence, knowing the property’s title is insured up to a certain point.

Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

If you’re not well-versed in lease agreements, security deposit rules, or eviction procedures, you could run into trouble.❌ Emotional Stress – Handling tenant issues (especially late payments or evictions) can be stressful, especially if you live in the same building.Hiring a Property Manager in ChicagoPros of Hiring a Property Manager✅ Less Stress & Time Commitment – A property manager handles everything from finding tenants to collecting rent and coordinating repairs.

Safeguard reached out to me when I was in my mid 60s, and offered lending notes secured by real estate. 

Quote from @Zara Massoud: Your new PM is correct and the old ones were wrong.The property manager must have your social security or tax ID number on file.

I wish I could make it simpler to understand, but I am at a loss if that isn't clear enough.In one year's time, we will have a much clearer picture of how many people in D.C. who collect a W2 from the government (not including welfare, Social Security, Disability, Graft, payoffs, etc) have "left the payroll". 

As I’m nearing retirement, I just invested a similar amount in first trust deeds secured by real estate at 9.75%.

Choose the Right LocationProximity to Campus: Prioritize properties within walking or biking distance to minimize transportation costs.Safety and Security: Research neighborhood crime rates and local security measures.Access to Amenities: Look for nearby grocery stores, healthcare facilities, and entertainment options.3.