Pay them down over the course of my life, and retire, and use the monthly income to pay my retirement, and sell when needed.I will seek out properties in key areas of the country that allow for families to rent, that are affordable (middle of the market), and can easily sell in 40 years time.

I also have a 4/1 a 3/1, And a 1996 infill house thats a 3/2.5 in the same neighborhood, it doesnt command a premium on rent as the prospectice pool cant seem to afford much more.  

Do you know of any credit analysis training that is somewhat affordable?  

Everyone is enjoying prices at the pumps at 20 year lows (adjusted for inflation), everyone except for small and medium oil & gas producers that can't afford to continue operating with their existing debt and the price of oil at $30 a barrel.

They will let you know what amount you can comfortably afford and which loan products you're eligible for.

Fortunately I have a partner that lives in the area with skills that will be able to handle the management of the property.Some of the pros of the area are seat of government, hospital, many good colleges and affordable properties.

What terms does the non-refundable deposit afford them?  

Check with your CPA or Tax specialist on the rules regarding vacation home usage for personal use.There are tons of Snowbird parks and properties in Florida/Texas/Arizona and other southern locations where you can afford to buy without breaking the bank.  

Truth be told, It's really one of the only areas I can afford to invest in.

Have you found anything that you can afford to buy yet?