But as my friend @Stephen Stokes says rosy colored glasses can influence thought processes.

Given that you have made substantial capital improvement and repairs over the most recent years, you should be good to go for a pretty long while if you can locate a long-term tenant. 

You only need to be 55+ to live there and not own them.Think the biggest issues:1) Usually they are pretty large places2) 55+ may be on fixed income which kinda limits how much you can charge Steve substantial loss in the money making generating machine, indeed i need immediate bees to create the delicious honey. 

This might not be the case for a very small hard money acquisition+rehab loan but it will be for anything substantial that the lender would consider to be even a modest loss.So, long story short.

Start building your database, or Sphere of Influence (SOI) list with contact info for each person on the list-- include former coworkers, neighbors, extended family, friends, other business owners you know, etc.

I do think initial plans (especially in new realms) do tend to get adjusted substantially with added expertise and experience. 

Although I will likely be there for 6 years, so it could be substantial, but I hate to rely on it.

If you are able to get $400 extra per month and you spent $30k then you have not only increased the value substantially but you have also achieved a 16% annualized rate of return on $30k.

This is a substantial savings especially if you know how to do the framing, electrical, plumbing, roofing, ect. 

It behooves us to try to influence those who may listen that the eviction moratorium is an item that needs to be removed during the negotiations.