Well in the technology age its nearly impossible to do this now, however before computers and the internet people did this all the time I hear from older investors. pretty crazy but hey you gotta learn to play the game!

First, congratulations on having goals and good financial sense at a young age.

The so-called 2% rule is a different benchmark of the same metric.It does not provide any useful information about the quality of the asset: how much of that gross revenue is consumed by operating costs; what is the age and condition of the asset (is it functionally obsolete); etc.?

My only worry is the age of the home (1820) but it does look well-maintained. 

I'm 47 years old and I've got a government pension coming, but I've also got a military retirement when I reach age 60.

I don’t have time for the town busybodies, other landlords or simply curious.Surprisingly, I have been receiving the pdf’s back via email, having been completely filled out digitally- regardless of age. 

I've also originated a 30 year fixed rate cash out refinance to a guy in his 90's, he qualified and you can't discriminate on age.

Starting off with a mortgage at the young age of 22 is a great idea, as long as your property still positively cash flows.

Your just another investor who keeps me motivated at such a young age.

I've budgeted for repairs and maintenance in my analysis but I don't want to underestimate the costs of owning such an aged property.