Most of my 1920's flips bring $100k in profit, but only after a year long slog to bring it to modern standards, while preserving the old character.They're not much more difficult than a 1950's house. 

Covid has really brought up some uncertainty in the market and we have never experienced something like this in modern times. 

However, when we are done, we will have an updated building which is 50-70% more energy efficient than before, has modern electrical and communications wiring, meets current fire and sound codes, and still retains the charm of its era (10' ceilings, august crown mouldings, etc) .. it will also command 30% better rent and have much lower operating costs then when we acquired it.

I renovated my unit to reflect a millennial, modern taste, and everyone who has seen my apartment really loves it.

I believe there is major potential here as developers and investors bring some modern and innovative updates to this market.I was previously presented with the opportunity to purchase a coin laundry business as well, which initiated some research and meetings.

I prefer a maintenance free home with modern features in a place easy to rent.The cash flow must be attractive to invest in an older home.

It's an older balloon-framed structure versus more modern platform framing.

My main point, is that the pics on zillow, while not your furniture, show a somewhat 'old/dated' look, vs a more modern fresh look.

If I put $20,000 into rehabbing the unit  to modern standards and make it towards the mid to upper range, we could potentially get $1900-2100 depending on what we do to it.

I am frugal on my expenses and I own no car.I am a web developer and I am able to save $5000 per month (after all expenses including taxes).About my location, I live in Quebec, Canada, where the cost of living is not really expensive but I don't know which U.S city I can compare with for the housing market - let's say for $200,000 a decent family house (3 bedrooms, 2 bathrooms, modern etc.) can be bought.