When you add a brick 2nd story above it and you have a LOT of weight pushing down on a very wide steel (probably) lintel that will deflect over time.  

Also, be sure to look to both 2019/2018 date (pre-covid) as well as current data (2021 trends) if possible!

Wholesaling can easily trend hard towards flat-out-deceptive or it can be done with the utmost honor and honesty.I think what happens if we aren't honest about that gradient is we can give blanket justification to the act of wholesaling and then use that to justify the ends, regardless of the means.  

If the building is really old it may have galvanized steel plumbing which needs to be completely replaced - from the water meter! 

The population on the front range was already projected to double by 2050 and with these trends we will likely be there much sooner.As stated above, Denver is an appreciation market and even before the recent market craze, finding 1% deals in Denver was difficult.

There's definitely less competition in that market segment currently, due to buying trends related to the pandemic which I believe will be short term.

I'm sealing the existing plywood and metal floors, in lieu of installing flooring, and I'm also leaving the exterior corrugated steel as the siding on most of the build.

Many of the growth trends that we are seeing in our market are a part of larger longstanding demographic, financial and cultural trends that will continue after the pandemic. 

Regarding areas to look at, whether in the city, suburbs, or NW Indiana, there are of course pockets for each where you can find neighborhoods trending, where you might ride more of an appreciation wave....or neighborhoods that are a little more established and rents already stabilized. 

The strength of the market in my area is working against high ROI purchases, but if that upward trend continues it possibly supports what I have in mind here.