There is plenty of work to go around, but it is a business not a job.

I know plenty of pit bulls that are the sweetest. 

@Louis HamricLots and lots of people are going to turn to drinking and drugging to assuage their stock market woes.

But from what I've found:The really good ones have plenty of referrals it seems they don't want to pay for any more (at least with my preferred agent that lists my properties).I don't want to refer my dear sellers to a sub-par agentThe agents in the middle by-and-large don't want to itemize paying for leads as a marketing expense.

Expanding, i went from having no room to expand since my debt to income was maxed at 3 properties to getting 15 units and plenty of expanding room.

Sure the asset class as a whole did better than many others, but there were plenty of locations that suffered.

When you do sub-to there is plenty of research to do to make sure that you are selling with clear title (except for the mortgage).

Add to this that they still have their Costco and/or other Wal Marts and can socialize with plenty other North American retirees so they can still feel at home.Your plan makes total sense.

This is assuming the property has plenty of equityWhatever you do you will need a very sophisticated attorney to draft up the agreement which will probably run you $1000+ if you want to do it right (if you need an attorney I have one)Also what state is this in and is it an owner occupied loan?

There are plenty of people who are boomers and tired of dealing with rentals, so if you're thinking of house hacking...