Restoration of historic articles/structures of the building might also costs way more than replacement but it you can't replace, then you will have to eat up the significant cost upcharge.Utility costs might also be higher than modern, better insulated buildings specially if you get below freezing weather.Historic buildings might be cheap but renovating them usually cost a LOT higher than the usual buildings.

(I got a couple of gas ranges on a Black Friday deal last year.)New appliances also help with marketability at showings: more modern appearance, more energy efficient.  

In addition, I use certain modern tech tools to automate pre-auction research, servicing of liens and monitoring portfolio.

I put a downloadble pdf of Napoleon Hill's "Think and Grow Rich" hereAnd a youtube video of Napoleon Hill talking about the book.Napoleon Hill (October 26, 1883 – November 8, 1970) was an American author in the area of the new thought movement who was one of the earliest producers of the modern genre of personal-success literature.

the costs involved for building a legal MIL would be a lot more if you had to correct issues like these rather than if the home had a full height basement,  modern foundation, and existing roughed in plumbing for example.Depending on what your father (or you) want and how long the home has been owned by your father,  selling and rolling that money into something bigger could be a good move,  though on the other hand Phinney is one of the most desirable areas in the city.

Lead based paint was phased out and modern HVAC, plumbing, sewer lines, and electrical codes were used.

What it found is that a certain type of real estate (unleveraged residential properties) outperformed everything else on a risk-adjusted basis in both the historic and modern eras.

We were able to redesign this dated ranch (including flipping the basement staircase around to make room for a huge pantry) and sell it as a modern Ranch into our heated sellers' market.

We were able to redesign this dated ranch (including flipping the basement staircase around to make room for a huge pantry) and sell it as a modern Ranch into our heated sellers' market.

Why would you want to work with a tenant or a vendor who wasn't modern enough or established enough to have a checking account?