Personally speaking, it sounds like an awful deal from the outset, and if you are determined to blow $200k - can I recommend a healthy cocaine addiction and numerous hookers?

It provides some diversity to our portfolio (different area, sizes, and demographic) and it is more of a cash focused investment than an equity play like my bay area and seattle properties (which are cash flow healthy but not overflowing).The area is going through a renaissance right now.

I don't think he ever followed through with his threat, but man how I would have LOVED to have been on a fly on the wall at the Labor Board when this guy making his healthy salary called to complain about our "forcing him to work without pay".  

I'm hoping to get another $7000 per month passive interest so I can retire, so these properties might not get that much - but would be a healthy contributor to it.

Instead of picturing yourself being amused poring over my application you should picture yourself getting suckered by a person who has lost their main source of income but who still has a high credit score because they have managed to continue servicing their debt.

Medical or mental health is acceptable.

It is not healthy to live in the conditions you have described.

I suspect you will need to research the options and pick the approach that is best for you.Good luck and stay healthy

At the end of 20 years, the term life insurance expires and sell the rentals.With this plan, you'll have a healthy chunk to invest and be self-insured with profits from the rentals.

It has been awhile...Third time is a charm,  unfortunately for my personal health, I had to come to realize that my abilities alone were not the best for my mother's deteriorating state of Alzheimer's.