Isn't the point of having apartment rentals to generate cash flow month in and month out so you can retire and live ofd the income?

The owner (retired broker) owns it free and clear and will sell for $75K. 

I know the upstate of South Carolina well due to being  a service technician for many years and intend to use my knowledge of the area to transform my future.After being married for 26 years and having the house to ourselves; my wife and I are going to begin working on our retirement future.

I am nearing retirement.  

I am nearing retirement.  

I actually feel like this part is something I could really excel at.The guy is a landlord who is getting close to retirement and kind of kicking the tires.  

Even though I enjoy the challenges of my work, and the stability and support it provides my family, I'm realizing that I need to start thinking more long term about my goals, retirement and legacy.

Yup, they can reach your personal retirement savings."

I am retired and pay myself a management fee.

I have served 14 years in the Navy and have 6 left until "retirement".