She did however buy her first house in Maplewood at the ripe old age of 29. ( ---- takes off bragging suit ---- )I can't invest too much in my area.

@Russell Brazil  I agree with Russ totally depends on what kind of real estate.. keep in mind that when you ask this on BP 90% of those on this site will gravitate to the only real estate is rental either sfr or small plexs or MF.. there are many many other types of real estate .take for instance in my mind one of the safest and most passive is investing in land in the path of progress.. pay cash and hold it.. nothing to it.. over time if you buy right or you buy a timber tract with middle age marketable timber species like Doug Fir or white pine  west  East  … these are very solid long term safe investments that you just make and sit and wait.some of the biggest money made in real estate though is land in the path of progress.. this keeps you immune from the ups and downs and risks of tenants.. 

I have not done a lot of research on laws governing self-directed IRA business transactions, but with self-directed 401ks, the IRS seemed to be pretty good at covering all their bases to make sure that if I am getting that tax benefit, I remain essentially housebroke until kids who are my age are calling me grandpa.

Its great that you guys are starting to invest at such a young age, definitely on the path to success!

I started investing in student rentals 3 years ago to escape the 9-5 at the age of 33. 

I would never discriminate based on age... but from my experience, I've never had a stressful older tenant.  

I'm just waiting on the final offer paperwork to start lending process.Half my units have come from off market sources and half have come from MLS; however, my MLS purchases have been for the most part aging listings which little competition. 

The age of the shingle roof is 20 years ++ and it might last another year or two depending how bad the weather gets.The contractor (sellers contractor) says they will issue a letter that the roof have atleast 5 years life remaining. 

Hi Matt, When I mentioned 1099 type tenant, I am just referring to self-employed tenants with cash flows that might vary widely at times depending on their receivables aging. 

If you just look at the City of Toronto itself (3 million of the 7+ million Greater Toronto and Hamilton Area) it has, within it, dozens of distinct "markets."