Several properties I am looking to buy were built around 1900.

Built in 1995, new roof 2 months ago.  

Hi Jordan,This is actually how i built up my investment fund - my wife and I have done six of these properties with the last one netting over 200k. 

Besides, I'd bet that you could hold off and make do, until you could get your own building built, Apple doesn't lease, neither does Verizon!

The local government would generally much rather have a new subdivision of mid to high end homes built and get a lot more property taxes with higher assessments.

Greetings All:I have an opportunity to purchase a former one level 28,000sf school (one level) block built in 2 phases.

A business he still works at 5 days a week putting in 50+ hours.My point here is you are young (I'm five years your junior) and have many decades to grow and operate your yet to be built real estate portfolio.

Over the last few years, we've had a lot of multi-families built, but we still have a 96% occupancy rate.

from similar layout renters, here are the details:225k-> new built,  no appliances,   $276 hoa , rent $1600 ( the back side is on main road, there is noise)229k -> 2007 built, appliances including ac, $276, rent $1600 (inside community)150k -> new built, no appliances, $256, rent $1350 ( the back side is on main road, there is noise)I am planning to put an offer for 150k with closing costs and appliances but considering the 229k old house  if the owner will be ready to sell for 220k + closing costs...What would you advice? 

My dad and mom liked my apartment, so dad and I built a second one-bedroom apartment for them.