I think their general stance is going to be to go with whichever comparable property has the greatest degree of similarity in terms of (probably, in this order): location, age built, quality of construction/current condition, and square footage.

I definitely think with your age and the money you have, I would look into a vacation type area that has STRs.

Sounds like you came into this around the same age that I am just getting started.

Age wise that's not bad and is pretty typical for investment class assets here in Memphis.

If you borrow against the equity, you'll need to include that payment in your calculation, as well.You make 3x the average income for Pennsylvania at the age of 32.

Chad aka Coach Carson is an entrepreneur, writer, and teacher who used real estate investing to reach financial independence before the age of 37.

What I would do today knowing what I know and based on my age (im 54 now).

Yes, about 82% of properties are matched to a person in DealMachine - you get their phone, email, age, birthday, income level, renting OR owning.

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

Within that area what does your demographic research tell you about the age range?