More important than the structure, however, is to take a deep dive into the sponsor’s financial projections and their historical actual performance versus their projected performance.

The deal is: A historic home of about 3,500 sqf. needs everything pretty much.

The other is Case Shiller index top 20 largest metros (home appreciation) for past 30 years of historical actuals.Notice anything?

The new ceiling loan limit for one-unit properties in most high-cost areas will be $679,650 — or 150 percent of $453,100.Historically the "high balance" limits for high cost of living areas like the Bay Area, NYC, SoCal, etc, have been 50% higher than the baseline.

Otherwise, keep us posted here ; I'd be interested to see what you find out.I'm assuming there's a website with records of historical property value appreciation for each area?

PM me for their contact info.It sounds like you might have a house in a historic area (hardwood floors).

I honestly feel the property is worth in the 150 range, it is located in a historic part of downtown in my city, where property value is rising, and there are in the process of building a new medical school 2-3 blocks from this location.A - 1/1 - lease from 6/12/2017 - $525B - 2/1 - vacantC - 1/1 $525 lease from 6/16/2017D - 1/1 $425 lease from 11/12/2010 - these tenants are likely to live in the unit until they pass away.

It's a historic building and the location is such that everyone in town drives by this church on a daily basis and I think the community would be supportive of doing something with the church due to it's location and it's a shame to see it sitting empty and not in use which is what has happened these past couple of years before I bought it.The building is 4 or 5 ft about ground.  

The low end condos tend not to appreciate much historically.

I'll be buying at historical high prices for the condos history and I feel the markets in a bubble and I won't be counting on appreciation, more likely to depreciate in the near future if the bubble bursts.2.)