Purchase price: $90,000 Cash invested: $40,000 Sale price: $1,650 This 100+ year old, 3 bedroom home, is ready for new owners to bring it back to life.

This is a different situation when residential properties are sold.

It's been pretty tough to find anything that cash flows lately, so we're going to move ahead despite this after being told it's not an uncommon situation in this particular submarket.We'd like to try and up zone so that it's no longer non-conforming.

Here is an excellent article on housing market expectations on appreciation from one of the world's top investment banking firms Goldman Sachs: What are some of the big differences you’re seeing among US regions?
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I know this doesn’t necessarily have to do with investing, but I believe it is important regarding the next steps towards my investing journey. 

I was going to split the lot and build two houses on it but Covid hit and I got into other things.

Purchase price: $90,000 Cash invested: $40,000 Sale price: $1,650 This 100+ year old, 3 bedroom home, is ready for new owners to bring it back to life.

Purchase price: $90,000 Cash invested: $40,000 Sale price: $1,650 This 100+ year old, 3 bedroom home, is ready for new owners to bring it back to life.

Interestingly only talked to a few health care workers  (physicians, pharmacists, RNs). 

Seeking some knowledge and experience from others that have been doing this for some time.