Cash flow, especially in this day and age, helps keep the property afloat and paying for itself without you having to put more money into it.

It sounds like you are in a great position at your age. 

We are fair housing compliant regarding animals.Our tenants’ safety and the peaceful enjoyment of their home is important to us, so we do a credit/criminal background check on all applicants aged 18+, as well as employment and prior landlord verifications.

Those numbers are arbitrary unlike taxes and insurance and they vary based on age, condition, area, landscape, PM, and other things.

As such, they are not able to set aside sufficient funds for inevitable capital improvements as the community ages.  

I can only speak to the Texas market, where malls that focus on creating consumer experiences (coffee shops, kids play area, entertainment-based tenants) are still performing well even in this age of online shopping.  

We just finished one flip with a $120K spread that literally no one else wanted to touch due to the age...!

I think too many people get stuck on distressed, when there is a whole generation aging out that will take fair prices for their assets.

I  took over a mature company that had an investor base that I think average age had to be 65 to 70..

Cash flow, especially in this day and age, should keep the property afloat and paying for itself without you having to put more money into it.