My grandfather is getting to that age where he just want to retire and relax and pretty much made all the success he needed while in business.Recently he just gave me a 3 story house with 5 bedrooms in Philadelphia for me and my children.

I'm not trying to break the bonds of oppression through investing but rather looking to build security and retirement.

These changes include transfer to another state, loss of income from changing jobs, which makes the home unaffordable, and sale of home due to layoffs or in some cases retirement.

If your looking for a retirement plan, well that's a different story.

So one property pays me $150 a month and the other pays me $350 a month.One of my investors on a recent deal wants consist payouts as he is retired, so we will have a minimum payout every month to both of us.

@Jon Klaus  I was listening to a retirement podcast recently that gave me a mental slap in the face.

I think I would be comfortable and financially stable in either scenario so it may come down to which deal I find first.

Based on his families experience he thought real estate was a bankrupter while for my family real estate has been another " basket", a real addition to their retirement savings.

I have been educating myself so that the odds are in my favor.I am not looking to get rich, I just want to be able to retire and be a grandmother to my 1yr old grandson.There is some great wisdom here and I intend to soak it up.

My father-in-law is on the verge of retiring and is interested pursuing a business after retirement.