Getting into RE Investing at my age is somewhat daunting, but I'm so excited to begin this new chapter.

Let me clarify...I'm not talking about age, race, religion, sex, national origin, handicap, or marital status.

If it's not a deal when you buy it don't ever expect it to become a deal. if you can prove to a lender that you're the golden goose then I'm sure you could find one but if you don't have the experience to back it that is a lot of risk that they take on, so you need to bring something to the table.

The hot water, plumbing, roof...had all been done. 1976 is kind of the golden year though when they standardized building requirements for them.

@David Stefanovic Distributions from all pretax 401k plans are always subject to federal income taxes even if you are age 59 1/2 or older.

Age specific criteria might also be a good idea.  

We also give all new tenants, regardless of the age of the building, the EPA booklet "A Brief Guide to Mold, Moisture, and Your Home".

But it all depends on the age of the homes, size of the homes, and the rehabs that you do......Still, if you can get to gross monthly profit, then you should easily be able to get to Net.

Learn how to compare properties (types of properties, size of lots, age of house, what types of finishes each has inside, etc.)

I wish you all the best on your journey and I wish I had the sense to pursue REI when I was your age now ;)