Seeing as you need to rehab the building it sounds as though you will be putting out a nice modern product.

Both are good cash flow markets but additionally they both have solid population growth, job growth (pre Covid) and modern, diverse economies.  

I recommend he use an attorney to ensure it's done properly, professionally, and in a timely fashion.

Couple that with some cosmetic updates and modern renovations and you’re golden.Rent control varies by municipality but generally speaking, rent increases mirror CPI index, and water & tax surcharges, along with those capital improvement allowances.

In these cases, I know it is done right, in a timely fashion, and I get the proper advice for the proper entities in the state I am investing as many states have many many different laws.All that said, you do not need an LLC or other entity for every property you own.

But I find it interesting that if all they wanted was a delay to allow for time to see what rules will be put into place for the new program as the article suggests that they did not ask the judge to "restart all foreclosures" as is possible according to this part of the article.Fannie Mae said the ruling was necessary because of a South Carolina law meant to ensure that foreclosures sales are conducted in a timely fashion.

I'm absolutely sure that many of these OLD buildings will be around 100 years after many modern buildings have been demolished!

Modern households place a much higher demand on electricity than was necessary in the past.

Just start looking around and asking other investors and you should find the guys in your area who opperate in a similar fashion to how my company does things.....good luck.

Historic timbers can fetch a pretty penny and are very fashionable in some design circles.