I still think the VA loan is something to take advantage of but signs do show that the SD market is slowing down and SD is a cyclical market historically, meaning what goes up will come down. ultimately, if you are buying for the long run and plan to keep this place for 20+ years then don't worry about cycles, just buy smart. 

Property is ideally located for tourism, walking distance to historic sites, a large park, several museums, public transit, and walkable to the downtown business district.Thanks!

The property is in a Historic District in DC, which we are told it would be extremely hard to obtain permits to convert back into a 2 unit property.We have also been told that since there isn't a second door in the front of the property anymore (which with the new laws a second door cannot be added again) and because the basement divider wall has been removed the property cannot be grandfathered into the old laws and we would have to go before a board to be approved and that this would be extremely hard to do.We agreed to buy this property based on the fact that we could convert back into 3 level 2 unit property.

Historically, attorneys always included a nominal, monetary consideration.

Often times you can call the utility companies and ask for historical numbers for the property.

Sale price: $550,000 Complete renovation of historic New Orleans Cottage.

Sale price: $550,000 Complete renovation of historic New Orleans Cottage.

What's the overall state of a local economy, any specific key factors pushing it one way or the other.4) Interest rates historically have had some impact as well.

If you care to read how upset folks are, just check the comments here.If you are looking to invest now...first choiceA house in Sunnyside Gardens (they are landmarked, historic and have access to a private park).

I would likely leverage to a 75% LTV and diversify into either another RE or another investment option.I would be hesitant to sell a multiplex in a market with the historical ROI of San Diego that has significant prop 13 property tax advantages.