@Hannah Diment I recently closed on a 100 year old building - a few notes:1) Make sure the foundation and mechanical systems are either in great shape or updated.2) If you're buying into an old fixer upper, talk to the City to get an idea of the requirements for renovations - they can be cumbersome.3) Plan for a high operating expense ratio ~45%.

I typically buy fixer uppers and do full upgrades before renting them so there's not a lot left to go wrong. 

So in the upper price points, individuals will often spend a greater percentage of their income on housing, while the other life expenses become a smaller percentage.This is also a factor in why you see more price volatility in the upper price points.

If it were a fixer-upper...mayyyybe (but even then...)...but especially not turnkey.

Will see if we can change the filters for the list to get better leads for fixer uppers. 

I work with Keller Williams and I target the upper mid range $550k-$1.2m listings and buyers.

If they are upper-B or A properties, you can probably handle them yourself.

Any investors who knew about this would have definitely had an upper hand if they chose to invest in/ around that neighborhood. 

I also believe that the size of the upper class and the upper middle classes is going to continue to swell.I think that it could have a serious effect on our business long term.

I am in the process of obtaining my MO RE License and looking to wholesale, build portfolio of buy and hold rentals, flip and help RE clients with "fixer upper" style purchase/renovations.