If your house is old, value is low. 

I did it for five years right out of college and saved almost $50K.

Hello everyone,My name is Darrius Lloyd, and I'm a 23-year-old aspiring real estate investor based in Northern Virginia.

Two years ago, I had to deal with a 1,500ft townhome with a horrific cat odor.

Jackson County TDR is working hard to position our area as a year-round destination, and it is catching on, but I wouldn't count on significant, year-round cash flow from a vacation rental here.

Replying to this thread that’s 6 years old to see if anyone has seen an update in the law? 

I’m a 22 year old firefighter that’s looking to own a couple of rental properties.

I was a Navy submariner for 21 years and really focused the last 6 years on growing our portfolio.

However I did note that houses are mostly really old, e.g. 100 years or older... any idea if this poses challenges in things like lead paint presence, outdated wiring, rusty plumbing, etc., or have many of the homes already been updated?   

They tested the appliances thoroughly and offered a one-year guarantee.