My main purpose into educating myself about finances is to build wealth.

With an older building you may also want to assess risks of water intrusion in the basement, old wiring, old water mains, and old sewer lines.   

Now he came to me because he knew I was looking to get into real estate investing doing mainly buy and hold SFH.

One of my new properties is on Main Street and I'm mulling over a rehab, versus trying to see if the City might be interested in it, since they own some adjacent parcels.  

It had the garage on the main level with the living space above it.

With the spreadsheets I have now which shows ROI% along with annual %,predictable closing costs, and other great info it pretty much eliminates the main questions a buyer has.

Financing is the main thing holding me back right now.

Mainly people with ZERO experience trying to learn how to rehab a house...

Mainly, you will always have bad tenants because no one wants to live there and if they are good tenants they can go to the better areas.

We have evaluated close to 25 deals, mainly duplexes, four-plexes and some small apartments complexes but kinda get into analysis paralysis quite often especially considering we are both engineers!