There are more useful and productive ways for someone your age to spend their time. 

._____ This specific service animal provides a necessary service specific to Tenant’s disability.Name of animal: ______________________________________________________________________Description of animal: ___________________________________________________________________________________________________________________________________ (type, breed, color, age)Veterinarian: _________________________________________________________________________Emergency Caretaker: __________________________________________________________________Tenant agrees to:1.Provide proper care for the animal in accordance with veterinary recommendations or ASPCA (American Society for the Prevention of Cruelty to Animals) guidelines.

And this using a 203K FHA loan in the brutal market of Boston, on the east side of the Port Norfolk bay area.Facts & Numbers:2 beds & 2 baths on each of the 3 unitsPurchased for $655K @ 5% down-payment and a generous dose of 203K closing feesTaken a 30K cushion for the 203K streamlined rehabLocked in 4.25% @ 30 year interest rateAppraised at 750KThe numbers are certainly not the exquisite definition of what a ground-breaking deal stands for, but they certainly fare decently well in this seller's market where cash investors rule, the inventory is constantly challenged and most properties are getting sold for over asking price, taking advantage of the current interest rates, the Everett Casino construction, and a few other speculative but pragmatic plays.Just like most everyone else that was not raised or surrounded by real estate professionals from a young age, this deal was pretty much riddled with small mistakes here and there, from neglecting the fire department smoke and carbon detector regulations, being over-optimistic on the underwriting guidelines, underestimating the cost opportunity due to all sorts of processing delays, and you name it.Currently free from tenants, the expectation is to add value by rehabilitating the under-developed basement, adding 2nd and 3rd floor balcony decks, and a variety of practical and aesthetic fixes.

hell even the liqueur store when I bought under age was there. 

I happily manage them myself but I want to retire in 7 years at the ripe old age of 55.

Looked at average prop age, leading industries, average sales price, average monthly rent, average household income, number of fortune 1k companies, average appreciation over last year and last 10 years, and finally cost of living index.

No one who lives on a small city lot really wants to go to the mess and expense of getting rid of a problem tree, so if it's a maple or an oak, it just grows and grows and grows...Because the repair runs in the thousands (as you've seen) when the owner of an aging investment property learns that they have a compromised sewer line, there's a strong impulse to hide the defect and sell.

I usually don't give major consideration to the component replacements, though i do track the age of furnaces, hot water heaters and roofs on every property with a spread sheet. 

Two years ago (age 23) I put in my hard saved 13k into an FHA loan for a SFH that I bought at $450k... it's a 3 bedroom/2bath property that I had a couple people live in the additional rooms.

If I was single I’d be renting out 2 of the 3 rooms in my unit and living for free, but with a wife, 2 kids (too big of age difference to share a room), and pets, it’s not practical.