Your age should have no bearing on your getting a loan; lenders are prohibited from discriminating  based on age, just as they are on race, religion, etc.

Couple of tickets to a temperance event (pre prohibition).

It is VERY possible that there are exceptions for buildings of 4 or less units. 4 or less units qualify for FHA mortgages under a federal guideline - so perhaps the prohibitive New York legislation only applies to 5+ units?

Depending upon where you are in PA, zoning and land use may not be a problem, but apparently there are lots of hoa's that sue and or get sued as a result of common issues, so insurance can be crazy expensive  or prohibitive.  

And a great tip regarding the ability to potentially leverage foreign investment with an LLC where that is prohibited with an S-Corp.

If the carpets are in decent condition then you don't have to replace them if you don't want to.Option 1 - go 50/50 on replacing carpet if the cost is not prohibitive. 

I am NOT an expert, but it would seem to me to be treading very close to a prohibited transaction.  

As long as there is nothing prohibiting it in your state statues, any agreement between to parties is enforceable.

_r=0The Supreme Court’s Disastrous Misreading of the Fair Housing ActA decision endorsing ‘disparate impact’ analysis will turn a law meant to prohibit discrimination into a vehicle for race-conscious housing decisions: http://www.wsj.com/articles/the-supreme-courts-disastrous-misreading-of-the-fair-housing-act-1435707270More Millennials Are Living in Single-Family HomesFannie Mae report and commentary find that millennials favor living in single-family homes, whether they buy or rent: http://www.inman.com/2015/07/01/more-millennials-are-living-in-single-family-homes/Moody’s Analytics: Single-Family Rental Growth Will AccelerateSingle-family home rentals since the housing bubble burst nearly a decade ago have seen massive growth, according to a new look from Mark Zandi, Moody’s Analytics’ chief economist.

(keep in mind, some asset classes are more tax efficient than others, such as my personal favorite, mobile home parks)Retirement-account friendly: Passive investments can be a great fit for retirement accounts because they are hands off and don't violate rules related to prohibited transactions and self-dealing.