For this reason I've always bought in Riverside, Avondale, and Murray Hill neighborhoods because the renovations are usually smaller and less expensive, as those properties have generally been better maintained in the past.Additionally, the skills needed to restore 100-yr-old buildings are often quite different from new construction, so it's very important to hire contractors and trades with extensive experience working on old buildings.Since prices are up it's difficult to find habitable properties that just need cosmetic work - usually prices are too high for the rental to be profitable.

I personally also am looking to apply some knowledge of tax credit funded restoration from my internship last summer further on down the line, but as of now we are mainly looking to invest in single or multi-family homes right now, but look to grow into apartments quickly. 

I have heard many investors use CLE Restoration Co. www.clerestorations.com‎

I have ran into properties that could not be restored and would be cheaper to tear down than it would be to fix just because of the foundation. #1 Tip to make sure your deal goes throughNow obviously there are a lot of factors that go into your wholesale deal going through but I am going to talk about what I just discussed. 1.)

I build and restore cars so maybe I could flip some houses as well as rent a few.

INSPECTION:(a) Buyer shall have ______ days from Effective Date (“Inspection Period”) within which to have such inspections of the Property performed as Buyer shall desire and utilities service shall be made available by the Seller during the Inspection Period; (b) Buyer shall be responsible for prompt payment for such inspections and repair of damage to and restoration of the Property resulting from such inspections; and (c) if Buyer determines, in Buyer’s sole discretion, that the condition of the Property is not acceptable to Buyer, Buyer may cancel this Contract by delivering written notice of such election to Seller prior to the expiration of the Inspection Period.

It depends factors such as whether or not you qualify for the three safe harbors under the Final Tangible Property Regs, the affected unit of property (UOP), the materiality of the repair compared to the UOP as a whole, and the Betterment, Adaption, Restoration (BAR) test.First - do you qualify for any of the following three safe harbors: (1) What is the unadjusted basis (purchase price plus improvements, do not factor in depreciation) of the property and how much have you spent in annual repairs for the property?

Here are the few that I know of:  Lumber Liquidators in Albany.Habitat for Humanity ReStore in Oakland.Sincere Home Décor in Oakland.

Should I put this pipe dream to rest or do you think there might be some real potential here? 

Instead create a backup and restore the file with the new name.