On the other hand, the age/style of the home necessitates that your repair allocation be higher.  

Here I thought you found some sort of "environmentally friendly" short term loan!  

I was wondering which house style would bring the highest value in today's market.

it's a personality style, I like doers-- put your money where your mouth is and do it!   

You will probably end up with a 20 year amortization and a 5-year balloon style mortgage but flexibility could be there.

That is, I'd expect very different heat costs between a 100 year old mid-rise building in Detroit with a central boiler vs a 1970s garden-style complex in suburbia with hot-water baseboard heating.  

@Julia Shevchenko Milwaukee is a good area to invest, depending on style and what you're looking for.

It also means they can streamline a lot of their processes and you don't waste time and money shifting gears between each stage, accommodating schedules, getting accustomed to new people and communication styles, etc.

Account Closed  and all the land guru's you see on BP buy this stuff at tax sale then do exactly what your talking about.. it just now they charge a bunch of money to teach you how to buy mainly unbuildable landin CA there are probably 1 million parcels like this from one end of the state to the other.watch the Movie Glen Garry Glen Ross.. this was the 50's land game in FLA and very very trueMy dad got started in RE in the early 60s selling land in CA for Boise Cascade.although Boise put in streets and utls and many times a lake golf course and with Pine Mountain lake an airport.the issue was the state and county and the time would let them create 5,000 lots but a water system that would only service 500... and same with sewer.. so as environmental laws got tougher.

You also need a good environmental consultant to perform the asbestos and lead surveys before work is done on the building.