Attorney milks the estate $120000 a year salary, buys crazy stuff, and after ten years the money is gone, poof.Dig into the moving parts: ages of all the parties, health and longevity of each, options, who is responsible, who is not responsible... 

At some point, the homefolks age out and need to sell, even if they don't want to leave their lifestyle.

I'd like to be able to get a general idea of the expenses before doing further research into the property to determine specifics (like determining the age of appliances). 

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.