My burning question- What do your operating costs consist of here?

Being able to retire "anytime" is a monthly burn question and the timing on that burn.

Beside budget ,do you have the time, energy, flexibility to travel to view properties, or manage a team in a different time zone.  

Locally, I know an investor that runs a crazy profitable trailer park where he is probably pulling in a 20%+ annual return on his investment - but he has to self-manage because no one will touch it, collects rent and deals with evictions armed, and has several "overseers" living for free on site to make sure no one burns the park down.

I would punt the deal and go get one that’s not going to suck your energy.  

As so many local landlords get burned by market rate renters.. they then go to section 8.. or whatever other Jackson housing authority subsidy. leases are for one year.. so you have your inspections every year and wear and tear is an issue. 

I am a solar energy specialist and know the ins and outs from the preliminaries to the set up and the final stages.  

To understand this breakdown and focus energy to finding and hiring that 5%. 

Great energy with this group.

Thank you all for the energy and effort you put in here.