How old is too old when buying an investment property?

[Ashley Deer]

My husband and I are looking to buy our first long distance buy and hold. We want to buy a fixer upper with the hopes of BRRRRing. How old is too old for a home? I know that older homes often come with unforeseen issues during the Reno as well as more regular maintenance needs. We are pretty new and have only other purchased one other home which was ten years old when we purchased it. In the process of looking for something cheaper for our next investment, mostly older homes have come up. So my question is, as a newbie, what age of homes should I be looking for?

[Mike Dymski]

Part-time flipping/BRRRRing long distance is the riskiest strategy discussed on BP.  Managing long distance rehab without scale is a bigger challenge than the age of the home.