The comment was specifically directed to someone who has admitted being at or close to underwater on her home and limited retirement assets. The same person expects to buy properties with an equity partner providing the cash and to have ownership in them? There are two words for that, Realtor and property manager not owner.
My mother has living frugally down to science. 10 years ago she saw an ad for a course at Mira Costa College on how to live frugally. She called up to ask if she could get a senior discount (as a joke-she has a great sense of humor). They asked her if she wanted to be a guest lecturer.
