Brokers are trying to close deals and make both sides happy (lender and borrower) so this is completely natural and demonstrates competing motivations.

The bottom line is, as is beautifully illustrated with the steel mill example, is that Americans aren’t going to break their backs day in and day out to receive wages that won’t support their living expenses.

A lof of variables here but if I were you (If you can man the ship/cover costs/afford to bring it back to life a bit) put a healthy price tag on it and all it takes is one individual with a lot of money that sees the History and beauty in a structure like that...limited prospect list I know but this thing is beyond unique.But plan A I think makes sense to turn it into daily rental/lease deal for B&B or Special Events...or lease it to a business partner who will run it as that.Cool story/pics, thanks for sharing.

I have a question about the seemingly subjective nature of appraisals.

It will take some time for these folks to come back but in a city that is landlocked and beautiful it's only a matter of time :0)

Also, I did a bit of research and there seems to be less natural disasters there vs other big cities in Tx like Houston and Dallas, correct me if I'm wrong. 

All of the items he listed seems to be cosmetic in nature nothing that can't be corrected.. 

Prices have been tough for a few years now, and I think you'd be better with some other investment choices.At the moment, I like foreign ETFs and natural resource funds (Europe, Asian Mid Cap, and Emerging Market).

Hello beautiful people of BP,I've recently acquired property and would like some advice on people with more experience.Item 1: FlooringThe property I have has an upper level and obviously a lower level.

They both have solid roofs, electric to the pole and city water as well as natural gas.