That's great, especially starting out at your age!

Your credit score should be 700+ if you are under age 30 and 750+ if you are over age 30.

@Nicholas SteidlCongrats on getting involved at such a young age!

This one decision has paved a path to wealth for him in his young age.

The other offer would be significantly less (in the realm of a reduction of $30,000) in which I simply say that I will buy the home and take responsibility for the mold. .Renovations.The home is actually in fairly decent shape considering its age, but will certainly  require the following immediately: New Windows: ($15,000) Scraping and Painting Inside/Out: ($15,000) A new boiler or electric heat conversion: ($6,000-$9,000)Minor Kitchen and Bathroom Updating: ($10,000)Several Doors and General Carpentry work: ($10,000)This roughly brings Immediate Renovation Costs to $60,000 (to my best knowledge)Other work which can be sidelined but will need to be done within 3 years: New Roof: ($25,000) Tree and Shrub Removal: ($5,000)I'd like to bundle a renovation loan into my mortgage via FHA's 203(k) program.

Hi @Caleb Heimsoth, that's great to hear you invested around the same age as me, sounds like it's working out for you!

Lots of people your age believe in index funds and many think renting is the smarter move.

I bought my first rental property at the age of 22 I graduated my engineering degree a year prior.

Two times tells me there is something mentally wrong - probably age related - with the tenant.

The biggest question mark here IMO is the age/class of the property.