On top of that, many policies have become more strict (especially in the last few years) with replacement cost language because replacement cost estimates did not keep up with inflation for a period of time AND/OR replacement costs on many older properties had skyrocketed so it made more sense to calculate replacement values with functionally equivalent rather than exact materials.

I'd start by refining your search criteria, researching the surrounding markets, and comparing them to what best fits your needs, etc. 

So, in your considerations, I would park right there for a bit and determine how this would look for you.Since you have about 2.5 years to think about it before you would need to spring into action to take advantage of the rollover for tax advantages, maybe you try on a rental and see how it fits. 

Ask their customer service to walk you through the above options if needed.It shouldn't take more than a couple hours of research to try out the top platforms and identify which feels the best for you.

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

If they can't even market themselves to be a top agent, then they don't know how to market your home either. 

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.

In tip top shape both in the mechanical systems, design, and upkeep2.

It is consistently ranks in the top 5 areas for real estate investing for a reason. 

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.