I'm medically retired now.  

Hey,In the process of saving money for a down payment on my first rental property.

Doesn't that make more sense than hoping I save up enough of a down payment on my own in 8 years?

Hoping this admission helps someone else and saves them some cash 💸💸

I also did a 1031 exchange so I was conservative in my negotiating because the tax defferal outweighed the savings.

Then, I worked for a tax company for 10 seasons until I retired from the workforce.

I think in your situation, I would be using the extra savings from your very low rent to pay down debt and build savings.

Sometimes sending a similar message to multiple people is not the same as spamming and it's simply a measure in saving time and energy.

And that calculator / chart will definitely be saved for reference!

You need to analyze your finances to see how long you have to perform.If you have 100,000 saved up for example when you left your job to go into real estate full time and spend 5k a month to live on you have  about 1+ years before running out of money not closing anything and incurring business costs.Often people have little to nothing to start and are under capitalized for starting a business which is what you are doing.