To go even further, your capex and repair assumptions are going to be based on a few things.1) Age of the building - the older the building, generally the higher the repair expenses2) What repairs are you doing to the building - if you are renovating the entire building from top to bottom, you may want to be less conservative on the repair assumptions as everything will be brand new3) How conservative are you as an investor - some people will model properties out with zero room for error and they may assume a lower repair cost that you will4) What is your end game - if you are going to hold the property long term, I would assume higher repair costs as compared to a fix and flip that you will dispose of in a few months.Let me know if you have questions.

It's called Set for Life, written by Scott Trench, and it lays out a high-probability path to basic financial success at a young age.

Most of the mobile home parks in the U.S. are all-age communities.

Congrats on getting into the fun world of multi-unit investing, and at such a young age. 

The property was built in 1910 and has knob and tube wiring throughout the basement, which is apparently common given its age.

What is the age and size of the home?

No state income tax, cheap auto and medical insurance and other benefits.Other than slowing down, I guess I'm doing fine for middle age!

Do they have pets and do the pets meet our standard of type, breed, size, age.3.

In this day and age being remote doesn't mean you can't see or even walk through a property you're interested in.

Typically for someone our age and who lacks experience, it would be highly unadvisable to start with something like commercial real estate, or even wholesaling.