Maybe some of you don´t mean this  per se but in general your mindset is embracing clear and precise dog whistles that are utilized to marginalize groups, targeting them for discrimination.

They embrace the long haul and build their business and their reputation, and they become successful.

"Subtle Art of Not giving a F*ck" by Mark Manson taught me to embrace the fear of failing and use it as a learning tool.

Shorter terms certainly won't hurt you - lower interest rate, higher ROI on that specific property :-)If you haven't already absorbed it - I recommend you fully embrace the 50% rule - plan like operating costs (excluding financing) are going to consume 50% of your rents. ie don't spend 100% of your cashflow on living and get caught by vacancy, economic downturn, rising interest rates, new roof etc :-)My advice is to just keep talking specifics with your Dad about his investment objectives so you and he will understand each other and enjoy your great relationship.

Credit and down payment are first and foremost - you will be looking at 20% or more in nearly all cases, but where most people from out of the area get caught is in the investor penetration.

That just how businesses are run: as distinct, separate entities.As a business person, you need to get rid of the consumer "cut corners to avoid spending" mindset and embrace the entrepreneur's "cost of doing business" mindset.

It's slowly but surely being penetrated by more & more out of the area investors because of the market prices. 

I would embrace the opportunity to network and find a Mentor.Cheers,Tausani

If you start changing windows or making other penetrations into the old painted areas, that can cause issues that may require remediation.The boiler won't be an issue based on where you live as I've never seen a hot water heat system in the south.

There will always be someone younger and hungrier coming for you (metaphorically) and once you embrace that truth and wake up and grind each and every day, you will do great.