Not a perfect plan but it's flexible without age min of 59.5 to access or RMDs when you're 70 or whatever.

There are many buildings with systems reaching the end of their life - Galvanized hot water risers, leaking vent stacks, aging window systems, outdated elevator and fire safety equipment.

As you've noticed, rental property insurance is extremely tough to find in Louisiana right now, and will be highly dependent on the age of the roofs on your properties.

Myself and family truly loved the property and house; just want others opinions on if this may be a mistake to proceed, or does this appear common practice for the age and location (upstate New York). 

@Charlie Brown, I'm not super familiar with your market specifically but I think this strategy works anywhere:- Find a boutique, niche, ideally aging broker/brokerage in your market, and start adding value. 

@Pam Brown we get that you're trying to answer questions and build your profile, but you may want to take a moment to check the age of a queery before you respond.This one is 3 years old!

As the renovations age, repairs and unit turn over becomes more expensive.

Screen and approve all residences over the age of 18.

One other tip is to let your listings expire and re-list that makes them not appear as 'aged and stale' - power users will check history and notice but you may get the attention of some and those that have recently setup alerts.  

They age the barrels on ships at sea and it has a very complex flavor profile that is very salted caramely to me, I only drink it when I hit milestones or goals!