Will the low interest rates counteract the job loss and recession that is bound to happen?

This, of course, does not factor in economic recessions, fluctuations within the market, or a drastic change in crime rate, school systems, job growth/decay, or migration.

Without a doubt I am far from any kind of pro in remote investing, I am the guy who goes and gets "boots on", I have to, but I just do not see how a person can safely remote invest for flip on the scale that 100+yr old homes can and will require, how can you remotely know if there is knob & tube wiring, asbestos in the attic, if floors are pitched like a skate park, decaying stacked stone foundation and on and on.

We removed a lot of weight from the existing chimney (probably close to 50% of its total weight) by removing the top portion but still question its structural integrity long term based on the decay of the base. 

I like to counter act this by being as helpful as humanly possible.

He said they don't care about comps, this is the price.Another potentially good money maker will sit on the market, decay even further and do nothing to raise my property value or improve a neighborhood.

Mike, since you are looking over the long haul it sounds like you are confident these areas will not decay?

Tough to make a living when you are making buggy whips and everyone is driving cars.OTH is know people with lots of property that just sits vacant decaying.

The best and surefire way to counteract this is to increase your income....

The old house ended up used for storage, campouts or whatever until it eventually decayed to the point where it had to be burnt or dozed.This is the real meaning of depreciation.