When we had major storm damage to our place, I considered hiring a public adjuster too.

However, I would avoid neighborhoods where the vast majority of the homes are owner occupied and all of the homes are really well kept - you can do a quick search on county GIS or software and click on the homes to see if they are owned in personal names or LLCs. 

I think there are two maybe 3 ways to look at this in my mind.  1) you go into it and bring it all up to modern standards but using that old charm to basically take what is there bring it up to modern standards and rent it out essentially I'm thinking cocktail bar or something trendy like that.2) most banks are on really good centrally located real estate if this is true, then I'd consider it for the dirt, plan to scrape the lot and go vertical with whatever the highest and best use is.3) a kind of combo of the two, if the lot is in a good location and its doable, pull the vaults or other "character pieces" out of the building, scrape the lot, and build whatever is best suited for the site there, but incorporate those historical pieces into the final designs.Is the site near a major retail area? 

if you ever have a major repair, or an eviction, or a major turnover, you may need to be a little more 'active.'

We removed a chimney to open up the space and updated all the major ticket items—new electrical, HVAC, and roof.

Most major repairs had been done.

I don't know about you but I wouldn't want to get caught filing fraudulent Federal documents.So, let's say you have a major renovation, what does bringing the home into compliance entail?

I can get a direct flight to major metropolitan areas, but it would be much more difficult to get to Topeka or North Dakota, for example.I feel that I'd like to see the market at least once, to get a feel for the area and to meet the local team.

However, I have also studied this and have seen that the majority of those who lost was because of themselves.

And for vast majority of persons delayed debt payments results in accruing debts, because they find they have less left to pay down than hoped.