This is a form for financial institutions only, in my opinion.

Financial freedom is of course always the goal and I am sure if done right the money will come my focus is wanting to build a legacy for my family !!!!

A realistic summation of the financials, tailored to whatever the circumstances are the house presents.

Also, if you were going to sell one, it would be good to be able to provide financials for the property to a buyer.

Not only did it help us out financially, but it set a great example for our kids who saw us working hard and doing it ourselves.

Its  courageous step and seems like you secure yourself financially before  jump in as full time Investors.  

I'm very reluctant to give in, its nice knowing if for whatever reason we can't re-rent, the current tenant has to meet their contractual rent obligations. 

Age is not the right question to be asking in my opinion, knowledge, financial stability, and comfort level with a given strategy are far more important.I would love to get your thoughts on this and read your article when you're done.

In that case, certainly get the seller to sort that out first or you could have a headache.The property management company that I like and trust never hold you to such obligations from the start, they operate with the highest quality of service and basically maintain that if you don't like them you don't need to work with them.

In regards to over-leveraged and being vulnerable, you need to decide on your own financial situation.