The house was built in 1954 and really is in great condition for the age (it was a little old lady house).  

Is this a good deal considering it's age etc?

Seeing retirees in these areas are great...but not working age groups of people.

The aged white oak floors will be natural finished with a few coats of poly. 

I own 2 Laundromats and its my main income.Yes I do most fo the repiars myself and I would never hire a full time maintenance tech unless I had a large (4,000-5,000 ft2 store or a number of stores.Normal returns are 25% to 30%.It's as passive as Real Estate but if you think of each washer and dryer as a door and your tenants can move in to the next one if theirs isnt working.Maintenance can vary based on machines and age. 

@Ming Lim We aim to establish and maintain a reserve of between $300 & $600 per unit depending on the building and the age of its major systems and components.

I'm currently a college student looking to start my real estate career at an early age.

He has wanted to be a pilot since the age of 5 or 6 and flies this plane on his computer simulator.  

Also through the county resources, the deceased is still listed as the owner, and by the history and age it is safe to assume that the house is free and clear. 

I said that anyone over age 18 is required to be on the lease.