Is anyone cashflowing in properties that are newer than 30 years?

[John Carr]

I'm wondering if anyone is cashflowing from properties they recently purchased that aren't ancient, torn up, or in awful areas.  Or is this the unicorn that doesn't exist?   I'd like to buy cashflowing properties but anything close to the 1% rule seem to be extremely old or in very bad areas.   If you wouldn't mind sharing an area that would be a tremendous help.  Thank you.  

[Bill B.]

30 years is considered somewhere between very old and ancient in markets like Las Vegas. I would say most of my properties are about 15-22 years old after owning them for 5-20 years. Much of the southwest is much newer properties.