This was our first home, and learned it all along the way.

Not enough information here to answer this question accurately.Is the home a total loss? 

This comes from several data points, the first being the average age at which people are choosing to stop renting and buy their first home.

Investment Info:

Single-family residence other investment.

Purchase price: $274,900

Cash invested: $100,000

Brick ranch in Brookwood school district in Georgia. House hacking our basement as our firs...

Later on in your investing journey the safety and low management of expensive, appreciating properties will become appealing.

Investment Info:
Small multi-family (2-4 units) buy & hold investment in Sloan Lake, Denver.

Purchase price: $839,000

Cash invested: $83,900

Bought an up/down duplex 4 blocks south of Sloan Lak...

An example of that is tenant must pay for additional electric over flat fee / flat limit since now there is 2 occupants in the home instead of originally one.

-Structural (foundation, wall, ceiling and floor)-Roof and Exterior(Roof Condition,Gutters and Downspouts, Siding, Windows and Doors)-Plumbing (Water Pressure,Leaks, Drainage, Pipes)-Electrical (Wiring,Outlets and Switches,Breaker Panel, Lighting Fixtures)-HVAC(Air Ducts, heating and cooling)-Water and Moisture Issues(Attic, Mold and Mildew)-Kitchen and Appliances-Bathrooms-Pest and Insect Problems-Safety Features

Also, my business partner Mike Ayala has owned and operated mobile home communities since 2007.

I find that depending on the market $300-500/mo are fairly normal and if compared to what you would pay with a single family home on some utilities, maintenance, and management, it's a good deal.