You might even be able to get a faux decorative grate to put over the hole instead of trying to patch it.

The bathroom counters look like 1970s faux marble.Picture 14 has a wall hanging that should be burned and certainly should not be used there. 

On top of that I hadlost one of my online Jewelry sites, was closed because I wasn'tselling on them exclusively...I do sell on some others but the mainone Ruby Lane was the most lucrative. 

Additionally, I'm in contact with an HGTV producer to have my own episode of a vintage home restoration show. 

When you learn about investing in multifamily, you learn how to speak their language and what to prepare when you talk with them (specific investment criteria, such as vintage, class, value-add, etc).Good luck!

Now, if you spend the profit on consumption (a.k.a. buying a new house, a new car, clothes, jewelry, etc.), it'll just slow down your wealth building strategy.

Homes of this vintage will have knob & tub wiring and a fuse box (typically screw-in fuses).If you find there's fuses, then that's what you will have. 

@Austin Faux check the landlord tenant laws for Colorado for the marijuana issues.

While that is true for a lot of the 50s-80s vintage, expenses as a percentage of EGI should not be so high.

Austin Faux Christopher DeFronzo Thank you guys for the advice.