White men have had a historically longer time to build up and pass on wealth.

Public transportation expansions are happening, street repairs, Whole Foods Distribution, and about $2m worth of business proposals including a hotel for tourism is in the works because of the Historic Pullman District and President Obama naming it a National Park District.

Does anyone have any experience in getting a structure certified as a historic structure? 

@Andrew Merritt  We have an older 4-plex in a historic area of town and the window units have worked great for us. 

Most agents look only at MLS and minimal historical data which is...um...exactly what Zillow tries to do.

Chaz,The 50% Rule is nothing more than the historical average of operating expenses throughout the United States.

@Mark Cruse I agree with you and anticipate historic Anacostia and Congress Heights near St.

. :)additionally I learned this the hard way as well in Charleston SC I re did a 4 bed historic house to the studs out.. and built another 4 bed new construction on the back of the lot.. 850k into the deal with financing and cash.. we missed the move in date for collage kids because that is the highest and best use of those areas the rooms rent for 900 to 950 each.. 

I agree with Jay it could make sense in certain situations if you are buying in an area with rent growth or has high historic appreciation .As rents go up you won’t be negative $200 a month for too long .

Particularly the investor, sorry, speculative gambler crowd.Historically low interest rates, historically high house prices, 3-10 year loan terms with 25 year amortization periods, not something I would touch with a 10 foot pole.