I've been in the construction business all my life.

The area was tied to construction, and it died.

Bad - No significant appreciation which makes undertaking large projects/maintenance for a historic home a potential large money pit as @Steve Santacroce mentioned.

I want to end my lease due to the construction work that needs to be done on the unit.

A few years later I took my love and passion for real estate into the construction arena and became a Licensed Commercial Mason Contractor and Residential Builder.

If you'd be interested in doing a Buy & Hold via a Rehab or New Construction (particularly in San Marcos), let me know.

They walk through and make an offer expecting new construction then get an inspection report showing things that are common on a 20+ year old home and want them fixed.

Do you have construction experience or are you new?

"I work full time, and I'm inexperience with construction so I am choosing to hire a general contractor to walk through the property with me (before the offer) to get a thorough and accurate estimate (no rules of thumb).

My neighborhood is quite established and is currently experiencing a growth spurt with a large mill being renovated to apts and retail, at least 2 other large scale apt/condo projects under construction.