The agent said this is likely a market standard.

I'd want proof that they were using insured, licensed installers and standard name-brand equipment.On a side note, I saw your post and immediately thought your name was Nathan Detroit:

I think there are two maybe 3 ways to look at this in my mind.  1) you go into it and bring it all up to modern standards but using that old charm to basically take what is there bring it up to modern standards and rent it out essentially I'm thinking cocktail bar or something trendy like that.2) most banks are on really good centrally located real estate if this is true, then I'd consider it for the dirt, plan to scrape the lot and go vertical with whatever the highest and best use is.3) a kind of combo of the two, if the lot is in a good location and its doable, pull the vaults or other "character pieces" out of the building, scrape the lot, and build whatever is best suited for the site there, but incorporate those historical pieces into the final designs.Is the site near a major retail area? 

Costs can be on the lower end if you use more standardized templates, while custom documents tailored to specific deals tend to fall on the higher end.Location can also play a role, with attorneys in larger cities often charging more.

Look, I think of it this simple, I don't know a single established millionaire who does the "standard" consumer debt thing.

I noticed your double standard in your reply as you don't mention the thing that is "eerily similar to what we've heard...". 

I am sure they know which carriers (though they may be non-standard and pricey) are still offering coverage there.

If solar panels provided a good ROI on owner occupied homes, then builders building spec homes would include them as standard to reap the reward! 

The industry standard currently is around 70%, but there are some that will go up to 75% or 80%, but you've got to have pristine credit.

If I go BRRRR I’ll refinance with a standard lender.Assuming we sell for $625k which is the ARV and market analysis I pulled, purchased for $345,500 and have $120k in reserves for rehab cost.