Maybe that would be an ideal position to take if you want to grow with the property you use as your starting point.

A venue suggestion: if you can find a Large restaurant with a private room to reserve, that would be ideal.

Ideally I would like to invest in state, but I believe opportunities are more profitable out of stateStrategy?

I am a fan of the Buy & Hold strategy as I think it will help me with reaching the goal of a) Generating enough cash flow to provide security for my financial future and b) Provide additional income for my retirement.While I'm currently involved with retail real estate, I'm more interested in multi-family residential real-estate; ideally the 5-25 unit properties. 

Ideally, I will have developed a well planned, long term investment strategy by the time I accumulate enough capital to dive in multi-family investing beyond my owner occupied property.I'm careful not to focus on a single niche right now.

Timing - You ideally want to launch your property as follows: On market Tuesday, Broker's Open/Caravan on Wednesday, Public Open House on Saturday. 

The guy i want to kick out pays 625 on a 1 bed that is running 875-1K in my market.The good thing is that i factored all this in and can afford to pay for the building indefinitely if i have no tenants (great w2 job) so i have leeway if they leave and can take the time to get a quality tenant (even though its not ideal for cashflow if they do because i want to buy more property).

I have not yet pitched the idea to them, 5 years would be ideal for me (maybe not so much someone in their 80's) but I see your point.

That being said, the timing is not ideal.

This is 90% of what I deal with, no rehab required.