They have a good diverse business climate of tech, entrepreneurs, acedemics, medical.

Orange County boasts some of the worlds highest valued real estate in the world, some of the largest and most successful companies, world class universities and research facilities, some of the best medical care in the world, famous amusement parks, every type of entertainment and cultural venue you can imagine, all types of sporting events, etc., and draws tourists from around the world, all year round!

My comments above are based mostly on what she preached.Another was started by a doctor's son, his circle of influence is obvious having family friends in a large medical community.

Mostly quaint shops, medical and office buildings down "main street".Here's what I know now after a few days of phone calls and research....Only 8 units (the 9th one is gone -- fire, explosion, etc...)Price now $400K (better because one less unit, but still $50k per unit)Only one tenant is salvageable and I don't know the details of the rent yet (all the remaining tenants are being relocated by seller prior to possession -- this one lease is up in April)Property is owned by a non profit and is used for housing for people needing a little help (so no income to speak of)No expenses to speak of (at least for current owner because they are tax exempt and volunteers provide services for repairs when needed)Electric is not divided (don't know total yet but I would spend the money to separate and have tenants pay)Property was built in the 50's and remodeled in the 90s (I still haven't seen the inside of the units, but are housing mostly elderly couples that have been there for at least 10 years -- agent says I will be pleasantly surprised -- walking through on Tuesday with my general contractor friend)Advertised total square footage was pulled from tax records stating about 10,500 sq. ft for living space (so around 1300 per unit...

NO PRECLUDING AILMENTS: I have no physical, mental or emotional ailments that preclude me from signing The Agreement. ________ 19.

I used to fear a plane crash, but, after a few years flying, I now fear a medical emergency happening while I'm on a plane.  

I looked at the outer islands to invest and to live but it can be more expensive to travel between islands than to the mainland, vacancy is usually higher, traffic is just as bad because of fewer roads, and most medical needs above routine are only available in Honolulu.  

Roper hospital, VA medical and City of Charleston are collaborating to build a medical district in downtown Charleston, SC.https://vimeo.com/adamlawtonboozer/review/148943909/8dec57ec92

It's going to be a secretary answering the phone, so hopefully they will get a non medical message to him.  

However, you're not really reducing assets, he's trading off a property for a note, the note is an asset.He can be much better of with a note because it won't appreciate over time and for estate purposes or qualifications for medical care, that note must be viewed at its market value, which means it will be discounted for the determination of assets.