Also, I disagree with waiting to retire student loan debt prior to investing.

Many do so by cashing out retirement funds, college funds, taking 3rd jobs, etc. to realize their dream of passive income and many hope to leave a legacy for their families.  

Which gave me an idea to jot down who these sellers were.Bank Sale: 8Long Time Owner / Retiring: 8Estate Sale: 3Wholesaler: 1Takeaways,  I LOVE the old fellas. 

Five headwinds that California coastal real estate is facing which never existed in any previous market: (1) Baby Boom retirement is creating more sellers than buyers. (2) The Fed's unprecedented regulation of interest rates through money printing and Treasury note buying is winding down. 

Nothing has changed on my account and the letter I received approving my request just stated that my new rate was 0% at least until my tour is up which in that case I will email new orders until I retire.

I'm researching my future early retirement options :)St Croix, St Thomas, St JohnThanks!

As in, did you want to have it paid off in 15 years because that timed with your retirement or other financial goal?  

(Amount of money you SPEND per year divided by sustainable rate of return = your retirement number) i.e. you spend $50,000 per year @ 4% safe withdrawal rate = 50,000/0.04 = $2M <- Financial Freedom.The goal isn't to beat some other investor, it's to reach a point that you have monetary security and the freedom to do what you truly want with life. 

He's older and retired so he is very interested in selling as soon as possible to recoup some of the loss.My question is should I make an offer on the property?

We can suggest questions to make sure you're well balanced - do you have enough in savings, retirement, equity in current properties, etc.