@Darryl DahlenHi Darryl, My wife and I are looking to attract small balance debt and equity, to participate in our scaling of Adult Residential Facilities-DD (developmentally disabled adults ages 22-59) ARF-DD.

Send me an e-mail with some details such as roof age, condition, type, etc.

Depending on the age, you may also have to upgrade the wiring to being grounded, which means replacing all the outlets and wires anyway.

Thanks for all the responses.It seem like with the age of these houses (lead paint), and the labor intensive act of refinishing them.

At your age, you have the right idea.

Roth IRAs invested in real estate can nicely grow tax free  resulting in a cash cow once you start making distributions at age 59 1/2 and if you have had the Roth IRA for at least 5 years.

Is your market growing in under>30 age group?

So, if you're going through you'll start to dissect the house into components and then put an age and condition on them.  

The same area price I paid in 2013 was 40% of what this guy paid for his; when taking into the consideration of age, condition & square footage of the house. 

Tenant in one has been in place for 14 yrs (single mom and two school age sons), another for 8 yrs (single senior woman), another for 3 yrs (brother & sister) and we are gearing up to rent our newest acquisition, the smallest house, to another tenant (single mom and adult son).