Historic Buildings

[Brittany Whitney]

Hi Group,

I have a property under contract right now that is a historic factory built in 1924. It used to be a clothing manufacturer and the owner is looking to sell due to lack of money in completing the project. I would like to gain some insight on the things I should be aware of when flipping this property to an investor. I have details on the numbers, area comps, and market demographics but are there certain conditions I should be aware of or certain questions I need ask the seller before marketing this? Any advice is helpful, thanks!