The split plans work better for retired couples, or families with teens.

We’ve got a small amount of cash to invest, a paid off 300k house primary residence as asset, and just over 6 figure retirement accounts that will likely get rolled to SDIRA.I went to a local REIA meeting last night and they were talking about HML.

When the father decided he'd rather live in a retirement home the daughter had the place boarded up and never went back inside.

That particular family, it turns out, owns a bunch of rental property and is looking to get out due to retirement etc.How does one handle buying property from those you know?

The other is an older gentleman who just wants to retire and cruise the country in an RV (the quintessential American retiree dream!)

Though this property will not allow me to retire comfortably and never work again, it's certainly not going to bankrupt me, either.

It all happened because my mother was retiring about 12 years ago and was not going to have enough to live on in retirement.

He has been fantastic- we have some great retirement investments and are 200% better saving for the future now than before.Only issue- he has been dead-set against any real estate investing.

I have a good business now and not looking to retire on rei cashflow.

My current strategy is to buy and hold for long-term residual income to augment retirement, or perhaps become a full-time investor much sooner - should I progress quickly enough.