I personally find that half the battle is just getting myself to write down & track progress

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.

@Joseph M. prices have certainly gone up with the rest of the country through this great recovery since the financial crisis.

It’s a great way to connect with investors and professionals in the Phoenix market who are active in residential deals.Looking forward to seeing how your journey progresses—feel free to share updates or ask questions as you dive deeper into the residential side!

Depending on how this progresses, I may be making the North Carolina Attorney General aware of the situation.Hope this helps!

I'll send my address for my bonus/commission checks lol....look forward to hearing the progress!

And how much progress has be made?

And then I want to progress into single family units and so on.

You might also consider creative strategies, such as renting parts of the property to cover expenses while you navigate the process.Best of luck, and I’d love to hear how things progress.

Keep us posted on your progress.