Try to focus on properties that were built after 1960The reason for this is because the foundation of the property is likely made from poured in concrete or block construction.Poured in concrete is favorable because it allows for less water penetration into the basement.The mechanicals of the property are likely more in line with today's building code.

We enclosed a couple of them and poured concrete floors in them and added electric for an additional $15 per square foot or so. 

But imagine the network and influence of its members.  

I can’t imagine it ever drying out if it did.

I can't imagine any bank would do that but it's something to be aware of.

If you can do one successfully I could imagine you could do two, but do you have the resources financial and time/manpower to operate two deals at once. 

And I came up with not really, unless I wanted to pour a bunch of extra money into it.

The only solution: jackhammer and remove the slab over the line, dig out old the line and install a new one, backfill it, re-pour the demo'd slab, and re-finish a substantial portion of the basement...needless to say, we got some real concessions from the seller before closing (to offset not just the cost of the new line, but also the downtime, holding cost, and vacancy that had to happen while the line was being replaced).I never buy a property without doing a scope (and it's saved me many tens of thousands of dollars, and major headaches).Good luck out there!

Just imagine an eviction scenario; that's a ruined relationship for life. 

The mentor will have an opportunity to know you, see your determination and will, and then decide to pour their time and energy into helping you develop.