I personally don't mind an older home - several of mine were built in the late 70s, early 80s.

However, a court lawyer assisted the non-paying tenant in filing a "motion to allow late answer and discovery" and accused me of retaliation because they reported me to code enforcement.

They had an unfinished space counted as finished space increasing the size of the home by ~10%.

I myself have been a Licensed Real Estate Agent in Southeast Michigan since 2021 when I turned 20 years old, and have took a bit of a hiatus since now to finish my Bachelors in Business Administration.

And I can tell you, in my late 50’s, I felt like I still had a lot to give.

Imagine investing in all new, beautiful finishes, only to discover that the drain pipes are faulty and need to be replaced—an issue that could have been identified and addressed beforehand.

Does anybody else have experience as of lately...? 

I finished all my renovations in early November.

@Jorden Barnard I just finished building mine in Durham.

If I am all in on the property for 360k (purchase and some finishing construction as well as carry costs) and the home is valued at 450k or more (based on what im told by agents as well as my own analysis while staying conservative), that is 20%+ equity I believe, unless I am missing something.