@Caroline C. definitely  - typically are you doing these types of things to supplement your real estate income, or are they more "hooks" to get people into your world and potentially convert them to be an investor?

Supplementing the funding with HML would be looked down on and very likely not be permitted

And, what i mean by retire, i dont mean fully fund her lifestyle as she will have money coming in but i want to be able to give her an additional 1 to 2k per month to supplement her lifestyle.

That's why in northern climates they are rarely used unless there is baseboard heating or geothermal heat pumps.If you have gas at the house, I would see if you have enough gas supply to put a gas furnace in, and either go with a traditional AC unit or else put a new heat pump in and supplement it with bas or baseboard heater.

@Nap Matucan @Ralph Poirier @Andrew Gingerich, I'm definitely going to be moving forward with Cozy and supplement it with Venmo to avoid the 2.75% transaction charge for using debit or credit cards.

Now we self manage it all; but we are not trying to scale, it is strictly to supplement retirement income.

Otherwise it may not be something I would be investigating, which is why I wanted to reach out to the community and see if there are other members that have successfully launched franchise locations as a supplement to their real estate business. 

We have enough passive income to live on and would supplement with house flips, etc.

Most get only $750/month so if they don't have additional family support, they often supplement their income by renting to couch surfers, selling drugs, selling plasma, and when possible, doing odd jobs for cash.

We really had to live off the CARDS until I got a great job and he finally took another part time job to supplement.