Other things you can do:Talk to neighbors with similar housing types and ask about foundation issues -- if the houses were built by the same developer sometimes there will be common themes throughout a developmentDetermine the type and age of the foundation.

I would get property tax returns from seller to accurately determine an expense trendline, and also make sure your ROI is including an adequate set-aside for reserves, especially for a property of that age.

We are looking to grow a portfolio.

Here's the great outlook about beachfront property:  Florida population = 15 million and growing. 

I was fortunate enough to start investing at a young age because of my parents, but I was more or less grandfathered in with a financial advisor for the last 8-10 years.

We determined to buy a home in each of these locations in a mobile home community and went to them during the best weather of the year in each.Even though I retired at age 29 and have explained that both in my book and on Bigger pockets, it did not hurt my ego to stay in something for a lot less than $850,000!

The one I spent ages 1-3 years old almost 50 years ago looks the same or better than it did then.

I'm new here and look forward to interacting with you all as we change and grow our portfolio.

You will grow more through experience, so get your feet wet and make the leap.

My clientele is growing and only getting bigger.