But if you have vintage 1928 across the board--steer clear (I would) due to investment required to make it safe and habitable. 1970 in original condition you could probably make work for less.

We plan to do a vintage remodel for each unit. 

Vintage untouched 1954 where the original owners died and the kids are trying to sell the property through a realtor.

Careful review of the leases and who is backing them is key along with what vintage they are.Difference between NN and NNN etc.

Hi Michelle,A 65 year old building places it at 1949 vintage.

Most DG's are flat until the option periods it depends on what vintage the leases were done in for years or decades ago and how sophisticated the developer was when they built the property.

We are staying away from early 70's build and going after the somewhat newer vintage since the cap rates have a pretty small delta.

A few things I can make out:Pts(too high), brokerage(2K-too low), 1910 vintage home-red flag, plumbing, structure, termite, fungus, electrical, foundation ..... 

I, for instance, look for properties that are 1970 vintage and newer, because older properties tend to have higher CapEx.

People who can't afford the Heights look in this area.All work was permitted and from a process vantage point I own a company that specializes in what we call "Vintage Renovations" within the 610 Loop.