retired from REI.

Hi all,There is a seller wanting to sell his house because he's retiring.

Are long term goal is for it to allow my husband to "retire" out of the military and not need to pick up a second career.

You cannot use any asset of your IRA/Roth IRA as collateral for a personal loan, nor can you use any equity in those IRA-owned properties for personal investment.What you may be able to do is refinance those properties within the IRA via non-recourse loans, and then use the cash out to purchase additional investment properties within your retirement account, to grow your retirement portfolio.Otherwise, it's hands-off those properties.

I retired at age 50 with a comfortable income.  

It may not have a 10% cash on cash return, but it has stable tenants with low vacancy, less turnover, higher caliber tenant etc. 

Make sure you have a safety net in place and don't start investing until your personal situation is stable.  

I make decent money to support myself and my parents, but my long-term goal is be financially free, not have to work for someone else, and retire early, all so I can focus on my family and community and leave behind a legacy.

The seller is a Senior Citizen and wants to retire .3.

There are actually some stable neighborhoods with some good people living there.