To supplement my income that was getting taken out of my check to pay back the 401k loan ($520 monthly) I would just use the funds I had saved up for the down payment that I no longer needed and everything would hum along just fine with no added stress on my finances from a reduced income. 

At 59 you can look at investing for supplemental cash flow. 

Here is some good supplemental information:http://www.leadsafeillinois.org/owners/http://www.leadsafeillinois.org/tenants/

I am considering supplementing the 650 with an additional 350 of SFR, absentee, with high equity, to bring my total back up to around 1000 names.So here are my questions:1.

There is zero logic in supplementing any tenants rent out of your own pocket.

I agree that I should do manual research and use airdna as a supplemental info source.

At 33 years old my wife and I have decided to look into building up a real estate portfolio to help supplement and possibly bring about sooner my retirement.Just to be clear I am very happy in my career and am not looking to quit my job.

My guess on the deal you're referencing would be that there's a 6% pref with a 2% accrued/catch up, in which case the accrued would be caught up during an equity event - refinance, supplemental loan or yes, the sale of the property - for a total of 8%.

Starting a Roth IRA in their name and funding it from their earned income means they can become millionaires by the time they retire and have a supplemental income stream to the income stream they receive from their rental properties.

Is this something that's in lieu f a lease with the landlord, or a supplement?