Anyone claiming people are going to feel the pain later by "sitting on the sidelines" is completely amiss of the real problem.

It is a bit painful, but I commit to staging--unwaveringly. 

.- Stretch – I hear about to many people with back pain, I will not be one of them.- Workout - At least 15 minutes.- Pray - 10+ minutes.Life is a marathon.

Quote from @Nate Sanow: Yes I own two that are near 100 years old and I will tell you they are a pain in the you know what compared to all of my post WW2 properties especially post 1980… layouts are better in the last 50 years and energy efficiency is better and I can keep going… HOWEVER to reply to the other aspect of your question, I’ve found appreciation is better with older properties in areas of the path of progress.

“Please, Learn from My Pain”)Leases: Month-to-Month MagicStrangers are like boxes of chocolates—you never know when one’s going to melt all over your sofa.

Hi Michael,From reading your post it seems that your project needs a heavy infusion of incentives to make it feasible. 

How much of a pain will it be to manage tenants?

I did a loan assumption that is currently a GIANT pain in the ***.

At the same time I find myself participating in other forums I used to ignore, like the taxes and short term rentals forums, because those have become bigger focus areas (and pain points!)

Hey Ryan, I've been down this road before, I feel your pain!