Like I said, you will need to investigate, zoning, city ordinances, insurance, permits/licenses, health codes (if you have anything over 4 units, with more than 1 floor, you will be under ADA compliance jurisdiction), and irate neighbors.

I remember one of my sergeants asking me if I really wanted to do this—give up the retirement, health benefits, and steady paycheck.  

On the flip side he has done little to nothing for me and I get these sob stories that the sellers are old and in bad health and so they need the money.

How about this lets control health care .

My biggest obstacles are:1) Fear and uncertainty (corporate work provides a steady and known income, Health Ins, etc, what if I lose all my money?)

Neither the Seller’s and/or Buyer's business shall provide fringe benefits, including health insurance benefits, paid vacation, or any other employee benefit, for the benefit of the Consultant under this Agreement.6.

I'll bet your tenant would stay for the lower rent amount, and the smells wouldn't bother him.I will not keep a tenant who starts to complain that my building is damaging his health, so if that were my tenant, he'd get his notice to move out at the end of the lease.

Debt-to-income IS the main issue regardless of how it came about; health, job loss, divorce, bad tenants, etc.

The cost of the policy, if the grantor is in good health, is often much less than the amount of taxes saved.

It's hazardous to your investing health to your investing health to skimp on the details, no matter if it's your first deal or your 100th.