Hopefully this helps clear up the main point of your post!

I like your post and you obviously know Chicago but a lot of what you are saying is just plain wrong.

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.

The information contained in this post is not to be relied upon.

Thanks, 1st post, I cant believe I haven't used more BP in my investing career thus far, so much valuable info! 

This was something I was intrigued about and the post jumped back to the top of the list when you asked yours. 

Originally posted by @Anthony Fontana:For those that do not feel comfortable enough with excel to build out a tool on your own, I would suggest starting by taking excel courses focused on dynamic real estate modeling.

Good listings are a people game, not anything you have at the bottom of your post.

This approach simplifies the sale and avoids unnecessary legal or tax complications.If she want to share the proceeds and tax obligation in a technical way, she need to file a partnership return for this property.This post does not create a CPA-Client relationship.

The subjectiveness is why I was hesitant on posting it, but I wanted to hear peoples opinions anyway.