Forgot to mention - I probably saved $10-15K on the purchase of that house due to the ancient furnace and asbestos.

I think we need another shoe to drop to go beyond 4.5% (china implosion, Greek II, etc.).

I just had a look at the Gazette and sure enough there are tax sales listed:https://files.ontario.ca/gazette_docs/ontariogazet...This stuff pretty much reads like Greek to me.

Check out the cabinets, they’re ancient.

We had to replace some pipes in the yard due to the ancient trees in the area.

@Jon Passow I feel like you've given great thought into finding ancient Egyptian gold lolTo answer the question, in that scenario where money is no object, I wouldn't BRRR.

I knew that there was a chance that I could get stuck with this house long before we put a shovel in the ground, so instead of building the usual builder 2400 sq ft bi-level or small colonial, we went BIG, a 4800 sq ft Colonial in the Greek revival theme, it's on two acres.

So, in addition to ancient wiring you're likely to find "non-standard" wiring in more than a few places.So, please just take as a given that the entire house will need to be re-wired from the basement fuse panel through to every wing of the house.I don't know what the roof is made of but if you happen to have a ceramic tile roof don't get rid of it.

Either a 'slide in' that is built into the counter, or tear out the uppers there, build a 'halfwall' behind the range about 45" high (as high as the range backsplash) and use a 'freestanding' one (less $$$). that would give some definition to the space also with out need the overhead ancients to do that.5) Where the double oven was, that could be more base, counter, and upper cabinet to make up for what you are loosing taking out the uppers over the peninsula.

HVAC is ancient so at any time that could be 4 or 5K but don't need that now.The one plus is that Orlando is a fast growing area.Desperately seeking thoughts on what experienced rental property investors would do in a similar situation.