Old Homes Pros: Tend to be in better locations closer to amenities and main attractions, more likely to be walkable, often have larger lots, houses and surrounding area have more "character", sometimes they have features like old growth wood and other elements that add value and longevity, no HOAs; Cons: Near endless potential for expensive issues of every type because of the impacts of time, neglect and old building materials and methods, require more work and money to make them modern and appealing, can be tricky to financeNew Homes Pros: Far less maintenance and potential for issues and may still be under the builder warranty if issues do come up, modern design elements and fixtures, often in good well-funded school districts; Cons: Homes and neighbrorhoods have a manufactured feel and less character, lots tend to be smaller because developers want to pack in as many units as possible (especially in high $$$ markets), tend to not be walkable because the areas adjacent to the best attractions/amenities have been built on already, sometimes built with low end materials, HOAs restricting what you are allowed to do to your property 

These people will have to share a house together, and you don't want tenants who are messy, loud, inconsiderate of others, or immature--these types of tenants will just cause you endless headaches (and liability) in a rent by the room property.

Even if couple owners would not sell, your returns DO NOT depend on them selling or not.It's not like you are developing land.And then, you can also flip the units, if the debt needs to be repayed faster, and it wouldnt look out of whack, so overall, endless opportunities here.

Oh the endless drama's.Immaturity controls your cash flow.Endless swapping of renters--no long termers.ImmaturityImmaturityImmaturityOh did I mention Immaturity(and the Eddie Haskles)I prefer a clean hardworking thrifty renter who will stay long term.Eddie Haskle: https://www.youtube.com/watch?

They tend to go broke pretty quickly and retire to whatever bar they spend their free time at, moaning endlessly about how hard it is to get into real estate.

The endless possibilities at this point include that a cash out refi to consolidate the HELOC and current 1st mortgage into a new fixed rate mortgage may be a lot less painful than cash out refinancing that same amount of debt today. 

I guess it all depends on what kind of real estate investing you want to get into, but some of my all-time favorites are:Rich Dad Poor Dad - a classic. getting your mindset right and shifting your thinking to getting your money to work for me.One Rental at a Time - how anybody with a W2 job can get to financial and time independence.The Book on Real Estate Investing - understanding what real estate investing is.Profit Like the Pros - motivational and inspirational stories of the endless possibilities to get great real estate deals.I hope this helps!

I always love connecting with like minded people and seeing as you are a RE agent and I am a lender that has a ton of clients with the same investment mindset, I am sure we have an endless list of things to talk about and a ton of mutual benefit we could bring each other!

An on demand heater provides them endless hot water on your dime since with one system you pay utilities. 

Looking forward to proving that investing in my country is still a good idea and there are endless opportunity out here.Let's get it!