Old age?

I would make one distinction and that’s between an expense and a capital improvement. 

These days, a couple of things seem to be affecting how and where college age students are attending classes.

At his age, it’s not like he can start investing or manage a property, so I’m trying to figure out how to nurture this interest without overwhelming him. 

So there are distinct rules for North Vegas, City of LV, Clark County and Henderson.No homes for sale in Henderson either-there you can have up to 5 homes per person, no bedroom limit,no need to occupy.

“Note investors who think learning from people who scam others out of millions is a good idea and a way to have a good reputation in the space.”I think we have to divide the above into two distinct groups.  

Even though there are multiple variables to assess here, what's the age of the property? 

Then divide that cost by the amount of time between now and then and that's how much you should be putting aside for Capex.For general maintenance, the age and condition of the building will play into that.

All North DFW has the highest appreciation while South DFW will be giving you the better cash flow.If this is your first rodeo, then I would suggest to be close home if you are also planning to self-manage.Then the age of the properties and access to highways.

Some of my Scottsdale connections who specialize in land deals have been whispering about how a few smaller outfits in Casper.. from what I’ve heard, outfits tucked behind older storefronts, have been matching buyers with off-market parcels that never even hit the usual channels.If you line up your financing carefully (no legal or tax advice here, just speaking from experience), you can sometimes lock in a deal that ages nicely over tthe years.