Luckily there is no historical preservation ordinance on this lot.I guess my first question is, how do you know you should go forward and purchase a lot that you can SLS?  

Rent growth - Higher annual growth than supported by historically or fundamentals3.

Historically, schools were ranked purely off of their API (Academic Performance Index) scores.

. - Old windows, old roof, structural issues, age of plumbing, electrical- I calculate Cap, NOI, GRM, CoC but they never really give me much more than a standard 3% Cap, 1.5% CoC ball parck.In residential its so much easier as you can look at the historic property sale prices to get a gauge of where it has come from but with commercial there is no way to see it unless you ask the broker. 

The rates are historically low, mortgage interest is deductible which owner the effective rate. 

In 2016 Houston edged out NYC as the most diverse city in the nation due to all the people moving here to take jobs that are being created at historic rates.The Oil & Gas sector shed >80,000 jobs in 2015 & 2016 and yet we started 2017 at the highest employment levels in the areas history. 

Welcome to the Culver House, a charming Circa 1875 home located in the heart of historic downtown Logan.

Most of these are in Englewood, Roseland and one in historic Pullman. 

My reasoning behind this assumption  is they just don't have the desired architecture, historical ties, or most importantly, city-backing/pumping in jobs like traditional Pullman and the areas East of CG.

In Metro Phoenix, our first and second quarters historically record the highest numbers of contracts.Among many contributing factors is "event season," when the main sports and lifestyle events attract thousands of people to the Valley.