Neighborhood more than age of home determines its classification.

I will never be one who lives with nothing and saves eveything however I do live a comfortable life and now will be acquiring buy and holds to help make it easier especially closer to retirement age. 

For the most part, my self-management of my rentals is on auto-pilot and I spend my days doing whatever I want at a very young age!

Also, I don't think it's asking much to answer a phone call or to return a phone call.Moreover, all my buddies around my age are starting to get married and look for places.  

People use it for houses and neighborhoods like it is a clear well defined standard and I think that it is misleading and confusing.It is more accurately used for multifamily properties based on age and amenities as described here:http://www.crefcoa.com/property-classifications.html

After "aging" my name on the title for 60-90 days, I apply for a home equity loan (against the cabin) for $20K.

Look at the roof, the age of the furnace and AC. 

hi eric. all i can say is just do it. in the future, you will have less regrets about doing it than you would have for not doing it. i had 3 kids, all under age 5, a wife, home and a full time job and i went back to school to learn accounting. somehow, i got thru it all and managed to graduate with a 3.74 GPA. just do it. you will find the right way to manage it

In this day an age in Canada, saving your money in the bank earns nothing.  

If someone ages out I leave it alone.