Turn of the century buildings were built with materials and craftsmanship that just doesn't exist today.  

Anyway he brought the leads and our marketing materials and I'm buying the stamps. 

Life has been pretty tough but its ok because nobody said it was going to be easy.

Asking an investor for half of their available funds on this deal with you will be tough to sell.

So with all this talk about cap ex I was wondering what you thought about using wear resistant materials in rehabs. my business model is to by extremely distressed and do full rehabs.

Since you didn't screen these people and don't have personal history with them I would like the option to get them out of there in 30 days/1 Month if they are big pains and not have to have cause.For security deposits they are tough to deal with in MA.  

To segue into development would be tough, but exciting at the same time. 

Do you have  enough for all the needed materials but simply lack the money to pay for the labor needed to effect the repairs in total?

Its why the mods are so tough on promoting..If I was you I would take others advice and save your money and DO NOT buy a single rental in the US... not worth the time energy or Risk..

If it does, I would be concerned about vacancy, since finding renters willing/able to pay the required market rate to maintain cash flow will be tough, and your pool of potential renters will be greatly reduced.4% - 5% is a safe rate, assuming you can meet the down payment requirements.I am interested to know what your exit strategy is.