According to Missouri Department of Natural Resources, machines this old may contain hazardous PCB's and should be disposed of by a professional.

Newly married and work in the natural gas industry and am looking to start investing in real estate in the near future.

Are there any liens, oil tanks, tenants, structural issues, code violations, etc, etc, etc.

We're pretty pumped about it, but because of the nature of the property, we lowered the CapEx, which could be higher.  

I wouldn't accept that as a seller.Always treat your natural person sellers with dignity.

I have some construction experience though most of it is related to plumbing in high rises and pipefitting in natural gas and oil refineries.

Maybe a symptom of oil industry slowdown I don't know.

I used to own a 20-unit building and I was an apartment broker for several years, so multifamily comes naturally.

The above is simply educational in nature.

The house would need pretty extensive upgrades -  I would need to replace entire HVAC system (including converting from oil heat to gas) and it would most likely need roof and siding.