Rental demand is high here due to the proximity to the beach (just two blocks from the ocean), large university close by, the shopping and dining within walking distance, and the history and charm of the area.  

I don't mind older homes, actually I prefer them because they have a certain character and charm that newer ones don't have. 

For a commercial project add the cost of steel (which is up as well), the cost of a fire suppression system, then factoring the Hurricane Harvey bump; development costs are already up and will continue to rise significantly.  

I am much more charming and coherent behind my keyboard than I am in person.6.  

The dryer works like a charm, the washer....unless I can fix it, RIP.I am thinking of keeping the coin op dryer for my tenants and buying separate ones for myself (electric is wired for different units, I pay for all water).I'm unsure if I want to go with a coin-op washer, or even coin-op in general.  

Additionally, the fire suppression system will need to be maintained and signed off every two years.

You typically get a or b class tenant who want to live in a charming neighborhood.

Sellers aren't selling because the market is suppressed.

Purchase price: $60,000 Cash invested: $61,447 Charming 4 bedroom 1.5 bath 1414 square foot single family home with Arched and leaded glass Entry door and lovely curb appeal.

I was born and raised for about 10 years just outside of Charm City.