As noted earlier, I fully understand NV is cheaper, any modern investor knows that, don't need wild Bill to tell me.

The electrical tape used to make the connections with the fixture is modern black vinyl tape.

He was able to add modern siding for the addition but had to maintain the old brick and mortar which was in bad shape and had to be refurbished. 

Delivered a modern home that sold in a bidding war.

So obviously we add more rooms, ADU (Garden Grove allows ADU if lot size is more than 7200 square feet)We also get to apply some "make-up" on the house and modernize the property :D Lessons learned?

Some of the things in your list are not even factors that lead to the Great Depression, at least not major factors that are recognized by modern analysis. 

@Jeffrey Sublinsky most syndications won't touch 1970's or older because the electrical and plumbing started becoming a lot more reliable/modern in the 1980's.

In the modern investing era, the stock market has averaged a 10% annual return.

In the modern investing era, the stock market has averaged a 10% annual return.

Since I am not selling lots and will be building all the homes  ( modern farm house )  we did not go with an HOA there is no private open space to manage..