Both units are currently occupied with leases expiring in Dec 2024 and June 2025 respectively.  

Social security, I would have to imagine that is about $30,000 per spouse(atleast).You are likely guaranteed $150,000 just between the social security and annual return on the 1.5 million not factoring in the IRA withdrawal.I think that is a healthy balance to retire on.Maybe, you can't be extravegant but a very respectable life.Congrats!

It would help us to understand the attainability of your goal if you would mention how many flips you have under your belt already.Assuming you are experienced, then I'd say move forward, full speed ahead--you can do it.If you are inexperienced, I would respectfully suggest you change from a $$$-oriented goal to a ### of transactions goal.Why?

The most powerful is simply keeping your properties in good condition, treating residents with respect, and following the law. 

In light of the one ethnicity element, i sincerely advise that wherever and whoever it is, without question, know the community you are serving and understand how to establish and maintain a level of mutual respect.

I fully agree it is our duty to at least help our respective closest people.

My main goal is to identify an opportunity that can be scaled from a couple of spots to a dozen, to several dozen eventually without the need to completely re-design or re-engineer the layout without respect to providing utilities. 

BE RESPECTABLE.

I want to get involved in the plans for the future, the financial goals of the owner, protecting the longevity and condition of the properties, maximizing income potential while also treating tenants like paying customers with fairness, care and respect.

On an annualized basis through 2025 and 2026, asking and effective rents are anticipated to climb by 3.7% and 3.8%, respectively, to finish 2026 at $14.35 and $13.88.