I'm retired AF and have been in Facility Maintenance for over 30 years.

Would like to create some wealth by helping other military families by providing clean, safe and stable living situations.

Now obviously this isn't the 2% rule, but if the tenants pay utilities, it wouldn't be a bad long term retirement play.  

Rents for $725 3br 1 bath in C neighborhood.....I have never increased rent...Purchased from a retiring investor at a great price!

Once they rise, cap rates will have to rise and thus property values will drop.The reason we are looking more for cash flow is so we can get regular monthly income out of the property and effectively retire off the income if we want to.

If you're trying to reach Passive Income Retire Early (PIRE - Term Copy Written By Jason Hull, Don't sue me bro) you would then look for high cash flowing properties.

I retired at the end of 2013 after 30 years of service with the Maryland Department of Transportation.

I am in my mid 50's and my goal now is to get into this to eventually have a few properties to create passive income to supplement my retirement in a few years.Would like to start out with a duplex and learn what I need to know then maybe some larger properties.I'm always willing to learn and take advice from those who have been doing this longer than me.

Lots of retired people.

I have retired my Broker's license.