And now I see it mentioned here and in newsletters as an up and coming place.I’m a huge fan of industrial neighborhoods and buildings and it has a cool little district.

@Sam HendricksenMultifamily is super competitive in this area and you have a huge advantage over your "competition" with the fact that you are owner occupying as most deals nowadays hardly cash flow. 

Since they're low income/tax credit, they just don't make the kind of money needed to pay those huge premiums.

Usually conservation easements come with Huge tax benefits for the party putting the property into a CE.  

I know that's not a huge cash flow, and any repairs could make me break even.

Most who make $500k don't have nearly enough dry powder on the sideline to scale a real estate business quickly enough without making huge personal sacrifices for an extended period of time.

Like everywhere else, one street makes a huge difference on the price.

The reason sellers cannot sell these properties through the traditional market is often due to certain issues, and 98% of the time, these issues are not beneficial to you as a buyer.

That was a huge help! 

I love the idea and its really quite nice because the costs are minimal and upside is huge.