I was tod the electrical is still 60 amp, underpowered for energy sucking modern americans.

I would stay away from restorations and try to find historic homes that can be modernized on the inside.pros:-play a role in your cities history and future-overlooked historic homes can have huge profit potential for flips or holding-usually in desirable and central locationsCons:-historic red tape and building restrictions-higher average maintenance costs-renovations/restorations can get very expensiveGet a good inspection and then go for it!

This is an extremely quick and dirty rendering of going modern with it.

Modern vinyl plank with noise and moisture dampening wrapper underneath.

But I have another issue:I've done some research and found out that very few insurance companies will insure a property with older fuse boxes (instead of modern breaker boxes). 

@Eric BilderbackThere is a great service company called Propertymeld that is sweeping the industry in the PM world with modern day technology and API ability to tie into other software.

Any effort to modernize and make {somewhat} energy efficient would involve disrupting/destroying a portion of the woodwork, mouldings and trompe l'oeil.  

The instant gratification of living in the “cool” and “modern” apartment takes priority over making the fiscally sound decision to invest in real estate and begin building a passive income stream.The combination of wanting the best and limited mobility makes real estate investing an unrealistic and impossible option for many millennials.

Another thing is that FHA inspections could be a little more difficult to pass, although with most modern homes, that too could be a sellers misconception.

$225/hour to answer emails gets expensive, even in 6 minute chunks.I think being a lawyer in the modern world is much like being a real estate investor.