For that age and that style unit (3/2s), I definitely think thats a solid deal.

I don't know whether you have school aged children or not.

For example if a singleMom has 4 kids ages 17,10,8,3 am I really legally obligated to accept them to live in a one bedroom 500 sqft if they meet my standard requirements?

We can do basic handy man skills.Hi Jessica,Personally I think this is an attractive looking house from the outside.If I were looking to buy it, I'd have a property inspector go out and look the place over and produce a written report.Paying particular attention to the roof, brickwork, electrical (including service drop amperage in place and available) and plumbing, as well as possible basement flooding reasons (probably why the basement wallboard is missing).If he recommended having additional inspections done by, for instance, a licensed Electrician, or a Roof inspector, I would have those done too.A written report should pick up (most problems--but not all) and allow an estimate of repairs to be made.With a house of this age I'd also have a sewer cam inspection done to see how that system is.The information in the reports, would be part of my go/no go decision on the purchase.You mentioned A/C.  

Not necessarily "during a recession" but the richest and oldest real estate investor I've ever spoken to in person (net worth around $900 million and age 90) told me to, "never sell."  

Hey I’m 15 and since I got stuck in quarantine I came highly interested in real estate I just wanna know what is the best advice you can give someone starting up at this age what should they be looking out at what books you recommend thank you for taking the time to respond in advance

Considering your age, if I were you I'd be trying to get in the business through learning a trade.

It's great that you're interested in learning at such a young age.

It's legal to make up your own house rules as long as the rules are uniform and not related to any age, race, gender, religion  etc....

A good skip trace will produce quality numbers, emails, mailing addresses and other background information to determine if you should reach out to relatives.From there you can text, call, mail, email, and/or social ads to get in front of these prospects.Here's a good episode on someone who sources 75 off market deals by the age of 20 - https://www.biggerpockets.com/...