Just based on my age/social circle (29, single, etc) I've got a lot more resources to find students or working professionals to rent rooms to. 

They use policies developed in the 60s and 70s where people did not do home improvements.So they focus on things like the neighborhood, the square footage, the age, and days on the market.

Every transaction will require at least 2 years of tax returns, at least 2 months of bank statements, employment verification, explanations of large deposits and credit inquiries.... 

Hi Kurt, I had the exact same question when I was at your age. 

Ive had advice from others in the local market including...start out buying 3/2 single family homes in a stable neighborhood....preferably brick, less than 10 years old, 1% rule for renting(Ive heard 2% on one of BP podcasts) ....avoid homes in less desirable rundown areas, avoid multi units...buy north of town( thats where the city is growing) I live in a city of 65,000 with median income of $46,000 and median age 35...

If you need detailed abstracts (Chain of titles, titles, deeds, encumbrances, easements, row, and everything liens verifications) from Harris and Galveston counties, or photographic reports of real property,  and visual inspections, just message me ;-) My profile with BP is supposed to forward those messages or alert me.

My questions are:- Based on the age of the furnace, does it make sense to replace it instead of fixing it?

Most people in this day and age will not work in the same industry their whole lives.  

All you can do is just take the end of life term of each system and subtract the current age.  

Does anyone on the site have any experience with the "Rejuvenate" Floor Restorer or other solutions on the market that offer a less expensive alternative to refinishing a wooden floor that is in reasonable condition for it's age?