I'm 31 now and would like to have some added financial security by 45 to supplement my income.I would say cashflow is the main priority, realizing that appreciation can be limited if I stick to the Canton market within my budget.

Selling homes will supplement the rental income until I can live comfortably off of the investments.  

To supplement what @Mindy Jensen said, I would wait to hear back from your lawyer about it and make any changes they recommend because your lawyer should be knowledgeable on what language will protect your assets the most while still being enforceable. 

It doesn't mean you should avoid this strategy, it should just be considered a good supplement to SEO, cold calls, letters, or whatever - not a replacement. 

Investment Info:

Single-family residence buy & hold investment in Holbrook.

Purchase price: $365,000

Cash invested: $20,000

An apartment in my primary residence.
Upgraded when purchased to comman...

Long term goal is supplemental passive income.

it really depends on if you have other income to supplement but lets say you decided to live off of your rental income and you decided that you were going to have minimal equity max debt on all your props then I think you look at OK what could be worse case during the GFC some markets saw 20 to 50% vacancy some saw 100 but most were 10 to 20% so take that figure and then decide if you need 6 months or one year.. this of course if you are solely dependent on your rental income for your income and have no other income from any other source.  

Only offer one month at a time, and tell them they need to find a supplemental job, etc. or consider moving to subsidized housing.  

Proper nutrition, hygiene, and exercise can keep the healthy prepared to overcome the virus. 

Or, is this a great opportunity for me to meet investors and supplement some income while I'm at it?