So, if you have built a decent nest egg then chill and retire and use your TIME to be happy because I assure you (from experience) another Ferrari won’t do it!

My end goal is I want to retire from a normal 9 to 5 job by 40yo, which is 10 years away and I feel its absolutely doable.

Long term to replace my job and provide in my retirement.

The seller inherited the property and now wants passive income for his retirement without the need to manage it. 

This may change in the future as I acquire more properties and come closer to retirement.

When mastered, this tried-and-true strategy can save thousands of dollars in monthly expenses, build tens of thousands of dollars in equity each year, and provide the financial means to retire early.

I’ve never understood the societal norm of working in the same job or industry for 40 years, retiring at 65 only to live off a merger pension and social security.

As someone approaches retirement, their appetite tends to change to the opposite of all of these. 

Since my parents have retired and the uncertainty of the stock market (where all their investments are at) I'm trying to help them by putting their liquidity to use.

When you want to plan for retirement.