Get a great stager who understands the NELA market completely and bring them in before demo if you don't know what I'm talking about with the design and historic elements.

With the deferred maintenance, one recommended demoing the entire building and start from scratch.

Luckily the demo has already been done.

It “tends” to be cheaper than purchasing a dilapidated building and demoing it to make way for New construction.

@Aaron Yang I might be able to pull it off with an FHA loan but I am also open to other lending options (conventional loan).

Request a free demo and go with the one you get the best feel from.

Yesterday the structural engineer stated there is one sound wall, however there is the option to demo it too. 

It all goes together in a yin and yang sort of way...not unfortunate at all.

Luckily we demoed the walls which were all plaster so this made it easier to replace wiring.

Assuming you are not using conventional finance, look for properties that are REO's that have the a partial remodel started i.e. the kitchen or bathrooms are gutted, etc - these can not be sold to a "conventional" buyer and are often too advanced for a casual investor - who just wants to do cosmetic rehab.Your competition will be low and the advantage is that some of the demo is pre-done for you.TTFN,Greg