In my eyes, everyone is truly soon-to-be accredited, my goal after meeting Dave at age 22 was to be accredited by the age of 30 (income and net worth) and if I stay on track I will be!

However if you have enough reserves, 6mo or greater then I'd say chance it but a couple of missed payments from the tenants and you have to foot the payments out of your own pocket.I'm all for taking risks but I think you really need to evaluate the age of the major systems so you don't get hit with a bunch of cap ex all at once as well as your reserves. 

Market dependent and condition/ age dependent. 

Given their age and position in life… mailbox money flow forever sounds like a good start to retirement to me!

Is it the age old argument what is better appreciation or cash flow.  

For us approaching retirement age, we want to have a mix of mortgaged properties and properties with full equity to leverage instead of relying on saving up for the next investment. 

A few notes on your comment to this aged post thread to shed some additional light since you don't know much about us...Aloha Capital has funded over 3,000 loans since 2015 on nearly 1 billion of residential investment properties and to date has ~ 0.4% default rate.

@Larry Bailey59 years young is still a great age to jump into anything!

I fund land flippers in all these states and at your age I would be hunting down a parcel now U want to eventually move to...

Be careful not to place your identity in your age/success in RE.