Once I bought one that broke even and went with the equity building routine and most of mine actually beat that bench mark by a nice margin.Josh C. is right, fly over country has this around nearly every corner and that's one thing about why it's so wonderful living out here!!!

Even tough disability payments are subject to income taxes, they do not qualify as earned income for making IRA or solo 401k contributions because your personal efforts ( at leas in the eyes of the government. :) did not help create such income, which is the cornerstone of self-employment income (earned income).  

Depending on your service and disability level, you might or might not have any MIP for your VA loan.Upen Patel, Mortgage BankerFederal NMLS# 1374243

I keep hearing from my lawyer and agent that "Per the contract, the requests should be limited to major defects as opposed to routine maintenance or minor issues."

In talking to her, it didn't sound like she had the mental capacity to deal with a house though, hence it was boarded up.Fast forward to six months ago, when the owner converts the house into an assisted living rental for the mentally disabled.

I will include 5k for routine maintenance that we wouldn't have had with an apartment which is much higher than the actual amount I'm sure... that's to date though, it could change. 5000 + 108550 = 112550Broker:We will use a broker so 6% of the sale price is used.  

What I'm finding in the OC market is there is a lot of competition among investors here who are willing to purchase at a high price that doesn't cash flow by BP standards, either because they are betting on appreciation, tax benefits, or are able to afford to pay cash (among other reasons, these are just my guesses). 3-4 unit properties in the area are routinely selling for $700k-$1 million+, with multiple competing offers after only sitting on the market for a few weeks to a month.

The problem I see with trying to payoff your ARM's would be the liquidity, use, and control (LUC) of your money which would be severely hampered especially if you're doing contingency planning for retirement, life style cash flow, disability, etc.

I wanted to hear from people on their strategies suggestions on older people starting out of even physical with physical disabilities?

They managed to cut all the drain lines and any empty pipe that was in the basement and some rebar and spare plumbing pipe that was down there but did not disable any of the systems.