The houses came up in the same conversation as the retired lady was musing where to get a part time job to supplement her retirement.

I need the rental income to help supplement my income.

So more so ideal for renovating the property and converting its use to business purposed.Someone also mentioned a reverse mortgage - a good idea if you don't go the STR route and instead want to supplement your father with income by tapping into that equity.

Also firms and third party providers may interfere with the planning process.Regardless most people don't realize how much better off they could be because they don't have good guides to help the navigate the retirement land mines.An individual might have a lot of bond interest income supplemented by net rental income and find that 85% of their social security is taxable.

So I called my insurance company and for I think it was 10 dollars a month extra I get this supplemental full coverage on car rentals added to my insurance and now they can't charge me anymore.

I don't know that I'd currently risk my credit score for $750 a month, but maybe when I'm done with acquisitions or I move purely into commercial it'd be a fun little supplement, enough to buy and maintain a little hobby boat or plane.

It's a good supplement to BP, books, etc in that networking locally is an important aspect of meeting the local players, forging potential partnerships, learning about opportunities, etc.  

Who for decades followed the rules as directed, put significant %'s of their income into the hand's of those exact stock's/fund's, to find they NEED to supplement these "returns" with active income JUST TO SURVIVE.     

Im not supporting or bashing the product you mentioned (I bought it myself) and I think its a great supplement to your marketing program.

She also gets an extra bedroom she can rent out to supplement her income, which she cannot do as a renter.