The house's age isn't so important as the age of the systems in the house.

On the other hand, these both are markets that are growing steadily so once you improve the property the equity is there.

There's not one right answer for everyone since we all have different financial situations, different ages, timelines, family situations, risk tolerances etc..  

In my experience, being around growth like minded individuals is what has allowed me to grow the most.

I think so many of these responses are based on made up hypothetical’s and not real life, I don’t think the vast majority of people are out to marry someone only for money & I certainly don’t think you want to get married assuming divorce but in the real world life is long people can be married for decades and something can change people can grow apart, you can even have a contentious divorce where getting the money becomes as much about hurting the other person as getting the money itself, I don’t think there should be any shame in making that even in a good marriage that if you grow apart you don’t put yourself in financial jeopardy.

I wish I started to look into RE at that age! 

It is growing and has an incredible job market; it is also pretty run down in many sections of the city.

Another thing I am doing right now is looking for a mentor to help with my strategy, but in the meantime I thought I'd make a post and hear what BP investors would do in my shoes.For my situation, I am 26 and I have a very low income (55-65k annual) for my household and a growing family of 5 to support.

I've always had an interest in real estate but never did anything about it. It's time for me to dive right in and get started.

As investors and yes friends of mine grow their business into very  large commercial properties.