I'm Greek.

You need to keep up with the University's policies for building if you choose to build, you usually need to buy land on a Greek area, and it's expensive.Finding "tenants" usually isn't difficult.

@Lee Huffman, i know this post is ancient, but I was wondering if you have found a decent GC here in Fayetteville.

@Roy N.Sometimes insulating ancient brick buildings is very impractical.

Hey BP,Anyone got a buyers list that might be interested in buying a greek island?

I'm going to clean the baseboards or maybe just replace them, as they are ancient.

Or on ancient indian burial grounds.

It hasn't sold purely because the owners live 5 hours away and are trying to sell in FSBO and the pictures online are still from when his 90 year old parents lived there with ancient furniture and decor. it makes a 2010 house look like its from the 60's.Again, I really appreciate your time to give me your two cents.Rental Income (1400 monthly)Less: Operating expense ($1786 taxes/insurance, 6%vacancy, water, trash, repairs, capex)Less: Mortgage payments (0% interest $850 monthly)CashFlow$16800- 5064-10200+1536

Maybe in the long run it would but as mentioned (from this ancient thread ;) I accounted for water when doing my numbers.

Since I'm always looking for a full-gut remodel, the few things that are 'ancient' can be dealt with easily.