I like finance a lot, and seeing other people my age go out and buy expensive clothes, cars, eat out a lot makes me feel good, I know a secret that they don't!

My offer would be for the land.Depending on how long the tenants have lived there and the age of the house, this might be complete gut or tear down.

I've just found this excellent place with ppl with familiar interests, regarding Brandon Turner's blog and for this - another BIG THANK you Brandon for that excellent article (young age investing)some info about me...My name is Vladimir Valter and i from Russia, I'm 31 years old. i've studied maths&physics at People's Friendship University of Russia and i ve got Master's degree in it.And i work as a sales rep during last 10 years.I've read all Kiyosaki's books and also bought his cash-flow game, and I VERY LOVE IT.My first goal is to find an excellent deal (buy a house) to create my first passive income and find mentor.

Age?

Longer ownership means owner may be close to retirement age or the depreciation is running out

First the Baby Boomers start at age 67 or older depending on when you think they started out.

Leveraged: 12 Houses, $300K equity, $34200 per year cash flow, total cash outlay $300K Cash-on-Cash Return: 11.4% You have twice as many properties to oversee for a very small increase in your return %age.

However I have a goal of making a million dollars before the age of 40 and determination even though my age may not allow me to be taken seriously.

(I live in NC for about 20 yrs, and moved before my kids were school age) I would suggest that you do a little research on BP about buying tenant occupied properties though.

For example:"Across from the New River's public access, perfect for young professionals who enjoys kayaking and paddle boarding..." is saying "YOUNG" a no no due to age discrimination?"