In Phoenix, a 1996 build is practically brand new when compared to a WWI-era home in Cleveland or Pittsburgh or some other Midwest or East coast city.While I agree that older homes come with more problems, buying something newer may not work as the price will be higher and won't cash flow as well.I'm of the mindset to buy what fits your budget and investment goals.

The biggest challenge was addressing unforeseen structural issues, which ate into the budget.

It is rather difficult to make BRRRRs pencil out right now, so you should budget to leave some capital in the deal on the refinance. 

The GC is a business person who doesn't care about your ARV, LTV, or your budget.

Have you consulted with lenders to discuss your budget and options?

Average tenants budget to their income and their income changes very modestly each year on average.

Also is the mortgage too much for your budget?

A partial renovation turned into a full-scale project, doubling my $10,000 budget to $20,000.

What is your budget and what numbers are you wanting to achieve? 

My current goal is to transform my professional Excel budgeting tools into an AI-powered app to streamline day-to-day property management, particularly for financial operations.