Newer homes are not always the "safest" - you'd be surprised at some of the high cost repairs that even new homes run into.I don't have an age limit on homes I would operate - many of mine were built in the 1950s and are great structures!

I understand that the age and quality of the home will impact when these expenses become due, but I'm curious if I could get somebody in the Austin area to take a look at the estimates I put in here: https://docs.google.com/spreadsheets/d/1jgP6aod25qWJzKWQXhto...

Then, this one surprises me because it’s a couple of 21 year olds and I don’t know many that age that use it but they swear by Facebook pay.

It's fantastic that you're exploring opportunities at such a young age.

Hayden, congratulations on identifying real estate as your target vehicle to build your life around at such a young age. 

I have 2 dependents and will be the primary caregiver for both my parents and his parents as they age so we want to hustle now so we aren't stressed financially by these responsibilities in 10-15years and are able to maintain the standard of living we have achieved with income from our (now) primary business. 

There is no wrong way necessarily and every strategy will be dependent on your personal goals.At your age, I would imagine that cash flow is most important (versus focusing solely on appreciation).

I am also your age and getting in the game at this age is going to be awesome for your future.

We are, conservatively, about 10 years from retirement age.

I bought my first place when I was your age and it was to live in while I went to grad school and I rented out the other room in the condo.Talk to your bank and find out what is happening because what you said doesn't make sense for a regular mortgage.