Sounds all good to me EXCEPT my property manager told me Sargeant St has historically had a drug and crime problem.

Real estate is one of the few (if not only) assets that allows the owner to depreciate an asset that historically appreciates over time. 

The Perfect Investment: Create Enduring Wealth from the Historic Shift to Multifamily Housing by Paul MillerNEW for 2017! 

Just closed on two flips in downtown historic San Antonio.

German Village is a historic neighborhood with the most expensive real estate in the State of Ohio.

Reminder that even if these folks have a historical tenure at the location, you may need to do some renovations to keep it functional - which means you may need to move them out anyway!

I manage a commercial building in a historic downtown area the bottom level is rented out to a store and there are two apartments upstairs I rent out.

You will also have the option to refinance in the future for a lower rate.If the area you are buying in has historically high appreciation rates that’s a plus.

In particular, income-generating real property and multifamily have historically — and as I’ve witnessed from experience as an investor and developer — shown a greater ability to grow net income during expansionary periods than securities and other assets.Owning real estate has a number of benefits during periods of high inflation.

The property is in an excellent location -- heart of historic neighborhood, large lot, out of flood plain, city water, sewer, gas, electric.