Downsizing home with addiional rental property
My wife died a couple of years ago and I am living in a designer home (Iris) . I am thinking about selling since the market is good right now. However If I downsize I should like to buy a smaller home or cottage for myself and A second smaller cottage to rent for income. I am mortgage free so the sales price could possibly pay for the two smaller houses. Has anyone done this? What are the considerations?
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