Maybe city is getting ready to go crazy on solar and needs a spot for a battery storage area. 

You did not specify the age of the property so it is purely speculation at this point. 

Congrats - would you ever buy in this market for pure investment purposes or do you think its mostly just a good market for a owner-use vacation home?

My allocation I mentioned above is purely what I would do based on my current financial situation.  

We've got many clients that buy them as pure rentals also. - The FHA 203(k) loan is a great way to buy a MFR as it allows repairs to be included in the purchase mortgage.

I don't know about a pure office building. 

I'm originally from Western PA as well (Slippery Rock) and now reside in Atlanta.Here is how I am looking at it along with the assumptions I am making:1) I think the growth prospects are better in the Atlanta market than Pittsburgh from a pure demographics standpoint.2) I estimate your return on equity at 7.2% currently3) Over the long haul appreciation is going to take you further when it comes to net worth than cashflow will4) Doubling of the roofs is doubling the expensesThings to consider:1) What is the year built of your Atlanta property vs. what you could replace it with in PGH?

It's a smaller town that is seeing growth from a billiion dollar EV Battery plant that Honda is building about 15 minutes away from it. 

So in that time I should have around $25-30k in pure profit saved up in rents.Once I have finished the rehab and stabilized the property I plan to either sell or refinance within the year.

Investors base their purchases on potential, but appraisers base their numbers purely on formulas and comps.