One other piece of information I should have put in my initial post is that I have to hold the property for at least 2 years due to laws around the retirement funds I'm purchasing the property with.

Even though 16+ years out it is information I will I will be aware of in my continued pursuit of a healthy and financially secure retirement.

The US Dollar as reserve currency is used to make trade easier between countries that want the medium of trade between nations to be stable.

For example, are any of them close to retirement?

Houma is a rapidly growing city, and is in Terrebonne/Lafourche Parish (county) which have remained some of the best economically stable parishes in Louisiana.

Doing your own PM work s overrated and buying yourself a job unless in an area where tenant demand and quality is so strong it requires minimal effort to manage the asset.That is usually the rarity and not the norm.If you were just holding this property for equity build up and tax write off and were to stay with your profession until retirement then this property might work if in a great area.

Are you financially stable until then?

I want to retire financially independent as soon as possible.

So are you saying that it makes sense for a business that wants that location, but not as much for a passive investor looking for retirement income?

Sounds like he is doing a ROBS, which is a way to direct your retirement funds to fund a business and generate taxable income outside of your retirement.