The tenants also probably have a security deposit that you will be on the hook for when they move out. 

There could be some security with the hoa in regards to not getting killed with a sewer line or some other outside expense..old tree falling, earthquake damage. 

Make the entire real estate contract, contingent upon the ability to secure financing.  

I'm also exempt for Social security ( meaning I don't pay into it anymore- so I will not collect much come retirement age).

SSL for the html page, with back end going to a secure DB (e.g.

Gross Scheduled Income: $12600Expenses (Maintenance, Management, Taxes, Insurance, Utilities (water & trash paid by owner), Landscaping, Common area electricity, CapEx, Vacancy, Internet for complex, security, etc.): $6400Debt Service (5.5%, 20yrs, 80% of cost): $3700Cashflow: $2500Annual COC: 17%I want to make sure I'm considering everything but also don't want to get stuck in analysis paralysis.

I think a lot of it boils down to, do you want to look at Real Estate as a way to diversify your portfolio into something with more secure returns, or do you want to build a business that acquires and rents properties. 

I have accumulated over half a million through stock securities.

:) It's amazing to me the opportunity that the Real Estate provides the average person to have financial security and not be tied to a traditional 'day job'.  

You know, most every tenant does make a security deposit...4) Moral/ethical: "your surname looks Polish.