I need to be certain that at the legal age of retirement my wife and I will be able to TRULY  retire...if we choose to do so.If we was to sell our primary now, we will be able to pay off all of our consumer debt, student loans, with money left to invest.  

This all, of course, depends on the type of rental units, age, deferred maintenance, etc.I hope this helps!

Your age range, any investments now, your risk tolerance, those kind of things.

The biggest issues I see is are you prepared to work out new parking arrangements if you were to build on it.Put it in the contract that the seller obtain a zoning verification letter that states that the existing uses are conforming and to tell you if there have been any variances granted for the properties.

But when you market to "move up" families (dual income middle aged with GOOD jobs) you'll have a great business model with rent to own, with seller financing.  

But it will not be even close enough for him to retire on in 7-12 years when he hits retirement age. 

List all in addition to yourself including approx age : __________?

@Carey Lilly, in this day and age, you really don't need a local accountant.  

I'm also your age and in the process of going into real estate full time, so reach out of you'd like to chat sometime!

Our score is only 740 after buying soon to be 9 properties plus 2 refiannces in 4 years at the age of 27.