Interested in what Retired Individuals have to say about what their experience has been with the Stock Market and Returns or lack thereof; and what's going on with their CDs and IRAs and 401(K)s that makes them unhapp...

Account Closed - so much of the question about tenants is going to be dependent on the class of property you are buying...Vacancies - I run about 7-8%City - if you have a code violation they give you plenty of opportunities to fix.

I'd have them talk to their accountant to see if what they really own is not a 2nd home but an investment property that they stay in a bit.  

I am looking for recommendations for a good accountant/tax advisory who's knowledgeable in real estate. 

This CPA should know how to do cost allocation studies too if they are true "real estate" accounting gurus.

Also cap ex and all bills and everything accounted for.

I also love YNAB for personal budgeting and use it religiously (knowing your income/expenses to the penny is key to profitable money management), so for the past few months I've increased my savings by pretending I'm carrying a note on a BRRRR and paying money into an account as if I'm in the middle of a 6 month rehab phase.I recommend that if you haven't laid out a business plan yet, grab a pen and paper and start mapping out your goals and how you'll get there. 

https://www.biggerpockets.com/forums/92/topics/392727-morris-invest-case-study-20

Not sure if this is most appropriate forum, but here we go:In my analysis, I deduct 25% from gross rent to account for repair and maintenance, Capex, and vacancy, and to build up reserves. 

Account Closed, I might also try to extend the due diligence period, we'll see how the inspection goes today.