The nature of the remodel would make it somewhat hard to inspect if it was done right without being removed.

CAP from my calculation is +10% so naturally I am going to scrutinize.

Modern lumber is also a lot more prone to termite damage as it is softer and easier to consume whereas old lumber is extremely resinous and naturally termite resistant.

Bakersfield is also massive with nothing naturally stopping outward sprawl.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

Being a natural cynic, it takes work to find the positive.  

Naturally, when worker housing was built it was built in the cheapest place that was close by, and back then that was always in the places that flooded.

We’re both savers by nature so having to make decisions about renovation details got us out of “don’t spend” to “this is a worthwhile investment.” 

It's encouraging and a bit discouraging but I think that is the nature of the business.

When economic activity is explosive, there is a natural increase in demand for the currency required to facilitate it.