Seems that these are often ridiculously cheap - but I'm thinking the market knows more than I do and they are cheap for a reason.Churches are often beautiful buildings in great shape, but are very awkward to convert into a SFH or apartments.Schools tend to be large projects requiring significant resources to remodel into apartments or senior facility and can be either in decent shape or quite run down.Masonic halls are often very similar to commercial buildings but usually need a lot of rehab.Also many of the bargains are in economically depressed or low/no growth areas.But still the price on these can be so low that getting positive cashflow should be easy.And there may be LIHTC (low income housing tax credits) available - anyone managed to snag any of those?

If you drive the 4900 block of Cedar St you’ll see a beautiful 3 story victorian twin homes that have gone up in price over the past year and a half.West of 52nd in the Cobbs Creek area rehabbed homes have began to sell very quickly on the market as well as people have started flipping and putting homes on the market.There is a large amount of development projects planned in University City over the next ten years.

Also I wont be getting calls or complains that his internet speed is slow, etc.

Its a beautiful property in a nice area and the tenants themselves are wanting to sign another 2 yr lease. 

I also greatly appreciate scenic beauty. 

I'm currently active duty army and I want to start investing in real estate, I'm leaning more towards the BRRR meathod but I love the idea of rehabing houses and making something beautiful out of them.

Lot dim 45’x130’Numbers : purchase price 515k Remodel costs 130k to convert a 2/1 business space to a beautifully renovated 3/2 residential space.

I am from Montreal.Beautiful city and like Linda mentionned, the jobs are growing.Its a hot market right into the city and it will come a little bit hotter in the month's coming.I would suggest to have a look in a micro market out of montreal like North or South.In north have a look for St-Sauveur, Mont Tremblant, Charlevoix( near Quebec city).More south east have a look for  St-Jean sur le richelieu, St-Hyacinthe, Bromont, Granby, Magog and Sherbrooke.Those place are all beautiful with a very good potentiel for airbnb.Good luck!

I’m so happy that you’re going to invest here in the beautiful PNW.

I had rekindled my desire to pursue real estate this year and BP has fanned that flame...Im married to an awesome woman and have 4 beautiful children all of which present me with motivation to make some things happen.