Live off of my passive income, sell some RE with my newly acquired license and supplement that with income from Brokerage funds.

It might take you some experimentation to find the right type of housing combined with the right tenant pool so that cash flow could supplement or replace income.

First if you think market rent is 1200 charge them 1200, why would you choose to supplement their rent out of your own pocket to the tune of $100/month.Second do not provide them a term lease.

Suggestion: don't take one person's view as the sole truth and stop there, instead supplement what you read by also chatting with experienced lawyers/lenders/investors and looking at the actual legislature.2- research High Cost Mortgages and High Price Mortgages.3 - sign up for news alerts from HousingWire and InsideARM.

Banking cash to live on (extra 500k) to use an extra $50k a year as an income supplement.

The only way to combat this is with a much lower purchase price, where your high cap rate and low basis can overpower the financing disadvantage, or with some type of supplemental financing.  

I'm your age, but I'm single and my plan is to retire early and have the rental income supplement my pension. 

It's designed to interface smoothly with Excel and Google Sheets, allowing you to easily export data for further detailed analysis or to supplement your current model.Considering your proficiency in real estate financial modeling, your feedback on its functionality could be invaluable.

And then Notes.It’s all within the real estate industry, but different sectors that supplement each other.

However would be nice to have a supplemental income from investment property upon moving Into a home we may stay in for two years, and then empty to re sell After renovationMike