Although one of my properties is a 1950s build (had extensive plumbing repairs), I have been fearful of buying older homes for a few reasons - cast iron plumbing, old wiring FP panel, older building codes etc. 

Would you turn it down from fear of my walking away? 

Which is my biggest fear of entering this market.

This certainly confirms my fears regarding the situation. 

I'd be nervous about taking on that kind of project for fear that it will take a while to find a buyer with that kind of $$$.

He stalked the Dealer and when they left for their 3 hour lunch he moved their stuff to the street and got an Asian Tenant family in that spoke no English.

But with interest rates going up I fear that while the numbers are good for this year that maybe next year or the following that the rate will go up and then we'll will be deep in the red.

I'm hesitant to bring this up for fear that it will be abused, but curiosity has gotten the better of me ... there is a misconception that in a foreclosure the property owner loses all their equity.

Don't let that fear drive you to making the wrong offers.

The good thing about fear is that it typically prevents one from entering into a dangerous situation.