It's just a product of the modern internet age and you are right, they always have a new way of skirting the rules.

Additionally, maintenance/cap ex expenses are high due to age.

View report*This link comes directly from our calculators, based on information input by the member who posted.Don't know the age of the property but due to what you stated the price point I am going to guess it is a bit older. 5% for repairs and cap ex maybe low in that case.

@Dayton Bishop It's great to hear you are taking interest in real estate at such a young age but based on what you shared, you're not in a position to own real estate.

Mainly because so many of us on this website are significantly younger than retirement age. 

He won his first duel at age 17 and then continued racking up kills until he had bested 221 opponents, becoming one of the most successful samurai in history. 

I bet you don't have any friends who want to do this at your age so when you tell people about your dreams they say it's crazy.

I can see through DOM the contrast between those struggles and the lease ups of the better located single families in the area.I cant say with certainty this applies across the entire city but what’s known is the fact people are getting married and starting families later in life than in the past, young people have more debt than ever before thanks to student loans, the cost of buying ahome has never been higher & most  families decide to move to the suburbs when they have school aged children.

In your opinion, do you think as long as everything passes inspection I still should be okay given the age of the system?

. - There is what those words really mean, or there true intent, which all too often is the exact opposite, such as saying the economy remains strong and a-ok with no recession risk being seen, because there is risk seen for it, but to say such would be to make it happen, and to say there is-not, may induce stabilizing actions that thwart the happening of such..... - And there is what they DO....