Many investors see no "hard line" on age as long as there’s strong cash flow and maintenance is manageable, but ensuring you’re prepared for any age-related quirks is essential.

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

The 2024 presidential election presents two distinct visions for America's housing market.

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.

What they want to invest in and why is very specific to the individuals goals and age in life.Someone might be worth 100 million and own no NNN and want to be ultra safe for their first one and go Chick Fil A with long term lease.

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

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

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.

(especially if you have not yet reached an age that will allow you to withdraw funds without penalty).