As you mentioned healthcare is your largest monthly expense and that is precisely why I was so concerned with this issue, so thank you for your honesty and real life experience.

Make sure its a Durable power of attorney so if he were to get an illness that made him incompetent it would not become void.There is also a type of deed called a life estate.

Remember, the BOD members are most likely volunteer people from all walks of life.

Without mentors in life one could fail easily.

I guess it just depends on the style of the house!!

Be sure to have your "life boat" addendums in place so you can make offers without fear.

Life is good when you make the money work for you!

Its a penthouse style unit with 2 bedrooms, 1 bath - around 1,000sq ft.

Most of my adult life has been based around real estate in some way.I had an Architecture/drafting passion in high school which led me to an Associates Degree in Architectural Engineering.

But that same person could care less about the $500-$10,000 a month that they will lose each and every month for the rest of their life by not investing in real estate.Why doesn't anybody pay attention to their opportunity cost?