It might be a great deal, idk, and you are right a great location can appreciate more, but just make sure you know what you are getting into with an older house.

Probably depends a lot on location.

It takes into account what size and type of windows you have, where the windows are located, insulation in the walls and ceiling, the type of construction etc.

I am a brand new agent located in East County, San Diego. 

@Fabio Selmi one of the best things that's happened to me because I don't live where the majority of my portfolio is located is that I don't get sucked in to time wasting activities.

“Real estate investing, even on a very small scale, remains a tried and true means of building an individual’s cash flow and wealth.”Robert KiyosakiFor me, the path to financial security wasn't paved with stocks and bonds but rather with bricks and mortar, as I embarked on a journey into real estate investment.

With that said, installing a new bathroom or kitchen sink is increasingly expensive and on the coast (or any rural-ish location) contractors are notoriously unreliable..let's be honest, remodeling is always trouble.  

An AI inquiry asking to find the location of SFR rental properties to population is not something any AI chatbot I’ve tested can do. 

If there's a prospect house in a good locations that's sitting on 5k square foot lot, 1500 sq ft, and is priced at $340k.

If you are willing to have a remote CPA, you may find a more qualified real estate CPA as the location of your CPA is not as crucial as their experience with real estate.