Between now and then would like to build a portfolio that will allow us to retire by age 55 at the latest, while maybe even providing some cashflow into our pockets along the way.

How much can age of home effect end game completed rehabs?

@Shiloh LundahlThis is really awesome to get your daughter involved at a young age .

If it was me, I would purchase it with a 203k loan, renovate with the funds in the 203k (although you can't do the reapirs yourself with this loan I believe), use the house as your primary residence and either get roommates or use the extra rooms as Airbnb/VRBO to generate income (might be appealing as lake property) Take a line of credit on the property, being careful not to over leverage yourself, and use the line of credit to either get into flipping/wholesaling or find another cash flowing property and begin the Snowball effect rolling all your profits into REI and working towards financial freedom at a young age. 

I’m not sure what it is...age?

Taxes, local laws, getting to know the risks inherent to the local economy, agebuilding a team despite language barriers (our Italian is a work in progress), age of the structures there, management from afar, and SO much more.

I retired at age 35 with real estate.

If they will issue title insurance, you are good to go Factors include age, relationship, availability of Grantor to re-execute SWD.

Did your contractor test for lead paint or did he say based on the the age of the house it had lead paint.

I want to life easier on the aging.