I plan to retire in a couple of yrs with a pension and some other investments. 

I apologize up front if this post is disorganized, but I'm sure there are other people who are or have been in my shoes and can offer guidance.About me: mid-30s, high-paying day job, telecommute and somewhat flexible hours, married with kids, own a duplex in Los Angeles county. 

You can easily spend a couple Grand just on permit fees at least in my state lol and not pulling any permits can lead to huge fines.

@Mike Xiao, Both Orlando and Tampa are still below their 2005 highs for property values (as of a couple months ago). 

PM me and I can give you a couple referrals.

Right now, the focus is on finishing up a couple flips.

My dad was a banker and growing up I remember going to school in lots of different vehicles because it was his job to drive the repossessions every couple weeks to keep them in good order.

I  did not want 4 people in the apartment with a couple of them teenagers because of water use so I am glad I dodged that one. 

yes, I am looking for rental properties  for long term.I am also thinking like now-a-days properties are all time high, interest rates also not that much low...Should I go ahead or just do private lending for couple of years..until market come down.

Personally, I would see if I could do a couple more great flips.