No debt and no depreciation available makes it much like an annuity. 

I have an annuity with $30,000 currently getting only 2% return.  

With commercial paper, annuities, bonds, certificates of deposit, etc., its easier to take a CoC return approach.I would also recommend analyzing your properties through the lens of IRR.

There are companies that buy notes, annuities, structured settlements, oil and gas leases, etc.

Or should i have owners use equity as collateral to setup an immediate fixed term annuity with initial lump sum payment and monthly payments until im ready to make the purchase?

Structured Settlements and Annuities

Isn't this [i] a little [i] like buying an annuity (although an annuity may be more reliable... if you choose the right insurer).If she is wrong, then can I draw the conclusion that home ownership is financial suicide because the home owner pays PITI and the extra costs?

Or would you prefer to generate a lot of short-term income and use that as a form of annuity later in life?

I guess they want people to err on the side of over-insuring properties so that they can collect the delta as a nice little annuity on every policy annually.

I'm a young person, but real estate has always interested me; I've always been around it since getting into my profession of life insurance/annuities but there was something about commercial real estate itself that has always appealed to me.