I was told the broker selling the property is getting ready to retire and moving closer to his daughter in San Antonio.

Back in 2017 I decided a few things, one being that I didn't like the idea of my income being dependant on a company who could decide overnight that they don't need my services any more and also when I am able to retire I don't want to have to plan out how to live the rest of my life based off of a finite sum of cash that is sitting in a bank account, I'd rather set up steady streams of income.

So if I’m in my mid fifties and want to retire within seven years.

In general, in MA, if you don't have at least a million to lend (aside from your other assets toward retirement, housing, etc) then you don't have enough to lend. 

I am retired Navy and was stationed at the Weapons Station, so I am very familiar with the area.Do you want something primarily convenience for your use?

The owner told me she's been using funds from the apartments to pay for her mom who is in a retirement home.

If you're plan has not adopted them (and you can find out by asking your HR rep or rep at the place holding your retirement plan money) then you will still have to pay the 10% penalty. 

Great to visit even better place to retire at 50 with a passive income!

My goal is to make enough passive income to “retire” in my 40’s ( 7-10 years) My wife and I are still employed, but my wife no longer can work overtime.We have money to invest in our first rental property, but should I use the Cares Act to pull money from my 401k without penalty and invest in more properties?

I have my own part to play in lack of due diligence in my purchase from Rent to Retirement that is now “managed” by East Street, but the service is terrible.