We would love to be near a beach and not necessarily looking to make money just generate enough to cover all expenses.

So basically for #2 it's the fact that if you pay off the loan early you won't have to pay nearly as much in interest, because it's no longer a 30 year loan if you pay it back early.

Bonus if you can buy near UMD or on the UMD free shuttle route and then rent by the room to college students.

@Dayne WintersHoboken (preferably Downtown),Jersey City (Anywhere off the "PATH" Train, note the Waterfront, Downtown, and Newport are nicer than Journal Square)Manhattan (anywhere really but the nicest areas are anywhere south of about 70th street)Queens (Long island city, or Astoria near a subway stop)Brooklyn (Downtown, Heights, Carroll Gardens, Park slope, Williamsburg, there are others but that's just the short list)Since your question is a bit limited I am unsure if this is business or vacation and if it is with children or without.

I have a home in Colorado near Denver with $200k-$250k equity, do I sell and get in a cheaper market?

I'm nearing the point to start working with an advisor to discuss a retirement financial strategy.

Properties that are anywhere near the 1% rule will sell in 1-2 days in cash. 

But seeing how this flip took nearly a year, a nightmare of a contractor, I think I am still coming out ahead with all of the knowledge!

Cool thanks for your replies because I built a platform www.allmetrorentals.com  and its been hard to get users to list their properties and to get a MLS Agreement for a IDX seems nearly to impossible because I don't know any brokers personally

I am looking into what events will be held near me (Philadelphia, PA), and to start talking to people and getting information, etc.