Never invest in a "historic" property.

We have historically low interest rates and cap rates. i wouldn't count on that for a 10 year exit.

As a non-registered user and without using a registered user (e.g. title search company / lawyer) you need to visit the Land Registry Office where the property is located, fill out forms, pay a fee and it will take some time to get the results; it sucks.In addition, you will NOT find any information regarding property taxes, permits, historical sales, valuations, etc. that many US county sites provide.

(Plus I'm always a fan of an underdog story and Franklinton sort of fits that role due to the moratorium on building after the historic flood.)#2: Project QT, it will add an outdoor recreation space unlike anything else we currently have in the city. #3: (Which isn't on that list) The 35-story North Market parking lot tower.

Assuming you have (1) and (2), why would you want to risk investing in the stock market when it is at its historic peak?

It's a 112 year old property last occupied within the last few years (not in a historic district and not uncommon where we live), so the foundation was the main reason for the inspection and the foundation is good. 

Now, stack on top of that the fact that we all know that all it takes to get a preapproval letter out of a HML is filling out a 30 second form on a website, that HML are notorious for shooting down deals for the most trivial of reasons (I got a pick-me-up deal a few months ago b/c the HML didn't like the fences around the yards of most homes due to it historically [but not currently] being a high crime area...), and add to this that listing agents all know these facts, and we've got a good reason why a smart buyer's agent wants you to at least get preapproved for a vanilla mortgage where the lender does some due diligence before preapproving you.Once actually in contract you can present the deal to a hard money lender if for some reason you enjoy paying multiple points for a double digit interest rate.

Does a lot of work in the historic neighborhoods...but he's very busy so best to get in touch and see if he can fit into your schedule first.

Historically gold has rise about 2% a year, recently about 4.4%Myth: I can get rich buy buying the cd set and working three days a weekMyth: Cash Value, Whole Life, will help me retire.

I believe interest rates will regain some somewhere closer to historical norms.