Are Old Buildings Okay?

[Matt H]

Hello, I'm looking at some older buildings. They appear to be built early 1900's. Like I think 1930 or so. If you were to buy and you got an building inspection that would turn up any major problems right? So as long as that came back reasonably okay then wouldn't the building still be fine? I know banks don't like it but we don't know what old is here in North America. There's properties in Europe that still sell all day long that are hundreds upon hundreds of years old and they still rent them out.

So what do think would you buy an older building like say built in 1930? Why or why not? Because I'm looking at one now that I'm considering.