I saw many docs have to put off retirement then and again in 2008 because they were entirely dependent on the market for their retirement.

Currently I would need to make $150k a year in real estate to match my near term earning potential at my job (plus medical and retirement with a pension).

My father is retired and my brother and I would like be doing this full time in 5 years.

Hmmm I have a retired British doctor wanting to transfer his 100 million pounds to my bank account.

Right now I am contemplating moving into SFR deals, simply because they produce more cash flow per unit and assuming I want to retire off my portfolio someday, I'll need less SFR's as opposed to condo's to reach my income goals.

I am looking to hold properties to create monthly income on top if my pension when I retire in a few years.

If you were to net $400K after selling your condo, you could earn about $16,000 - $20,000 a year.If you want to sell your condo and live off the proceeds, you should apply the retirement planning guideline of taking 4-5% of your money out each year.

I spend and have spent quite a lot of time in the US and think that we may want to spend part of our retirement in the USA (and Turkey - hence purchasing there) I have also owned a property in India (interesting experience) bought half on the black market - lost it in a divorce.

I am a physician in my "other life" and am doing real estate to have a stable/tax advantaged income stream for retirement.

but he did not. so, he had to do it again at no cost. he is a retired guy that i like, so i was ok with that. and i dont have tenants yet, so i was fine with it.but yes, i am glad i pay no re-inspection fees. i would not be happy if that's the case. i passed it though.