Depending on age of property and issue lets say you budget a min 7% of gross income unless 7 years or less old.

Their downtown is always improving, they have the Indy 500, professional sports teams, great universities, all of which to me sound like great reasons for people of all ages to consider being there.  

Take location of building, parcel size, parcel shape and access to it, sightlines, daily traffic counts, crime for area, population levels, median income levels, age of building, etc. into consideration.You really have to know how to repurpose the site and run your development numbers.

No real estate commissions deducted)Option Consideration: $10,000Monthly Rent: $2350Lease term: 24 monthsMy home current market value is $390K (Appreciated 9% over one year)Looking for your opinion on the below:Home current age: 11 years.

We want to achieve FIRE at a young age!

But remember you might have to take requirement minimum distribution based on at what age your father died.

She was with me when she hit 70 years of age, retired completely, and moved out of state, and social security cannot be garnished.

Yes you have to hustle but I don't think self-care and working hard are mutually exclusive, in fact I'd argue that with a legit rest you can come back 2x stronger.Also, I have the two cutest boys in the WHOLE world, ages 2 & 4, and I do not want to miss these days. 

If you want to look at 600 a month rentals then I have seen student housing and also multifamily that is retirement type communites for lower income seniors work well.Students the parents are often on the hook for the lease guarantee and with seniors most stay a really long time as the small space is something easy to manage and they do not like moving at their ages.

Hello my name is Jalen and I am new to the BiggerPockets community and wanted to know the best way I could begin in real estate at the age of 20.