About 75% in retirement accounts (401Ks, IRA, Roth) others in brokerage accounts and few misc ones.Goal: Grow my Net Worth and build wealth.

Also, in some places a tax break is offered for low income senior citizens. 

This lower income housing.

This type of financing requires the projected income of the property, determined by a local expert, to sufficiently cover the monthly mortgage debt.

This said, I wanted to inquire/double check with some fellow professional title agents that I've got all the "rocks" I'll need to flip over neatly accounted for when dealing with *city properties.

Price cuts stem from a few things: - Agents/PM's over promising on income- Buyers not doing their own due dilligence- Buyers thinking they can take a place that hasn't changed since 07 and bring in the same amount of income as a new build that had an interior designer come in and make it sweet.That goes for The Palms, Destin, and any other major market.

Check for  satisfactory credit, Criminal, and Income and have them provide prior landlord references and call them.

Over three years, the rental property accumulates $100,000 in net passive losses, which remain suspended due to the absence of passive income to offset them.

If you take over the loan subject to, which we sometimes do, it stills leaves a problem with his debt to income ratio in qualifying for a new loan.

Also, no offense Account Closed but nobody should be taking advice from someone who charges for services who doesn't disclose their full name/identity on these forums.