Louis--lots of multifamily buildings in some cool areas like the West End.I'm with @Jonathan J.

I am here to pay it forward so reach out if there is some info or maybe connections you may be looking for that may move you along faster.My first property I bought was 10 acres with power and no water, bought it for 30k sold it for 50k, I was hooked after that, just kept repeating the process. had a good mentor at the beginning.Good luck here hope to see you around!

In 18yrs, I've NEVER had an issue with elect, gas or water meters!!!

Some of that sounds more like ventilation and water issues (fungus) than foundation issues.

This also assumes the Park is on city water and sewer and not well and septic...As far as the stick home goes you should seek to purchase the property without it, but if you have to acquire it then yes using comps is the correct approach.  

also the old furnace is so old it dont have some thing to mix the hot water like when you turn on the hot water it gets scalding hot this house don't even have circut breakers it runs off fuses

There are states where it's cool, places where it's as bad as a parking ticket, and places where they either ignore or go gangbusters over it. 

At the moment we are dipping into the water and teetering around the idea of bringing on a partner for the first MF unit.

Anyways, I'm excited that I found this site as it's cool to find a lot of people with the same goals of increasing their financial independence through REI!  

Hobbies: Boundary waters, World Traveling, Biking the Cities, Hikes with my Dog Argo, Road trips, Ice Cream (yes its a hobby) and Working on growing my portfolio.Drew Hoefler