If you can get a better deal on the home due to age its a fine and if you need financing banks do not judge year built. 

Purchase price: $850,000 Cash invested: $500,000 Sale price: $2,250,000 Purchased , knocked down, built new from ground up What made you interested in investing in this type of deal?

But I wouldn’t trade the experience for anything in the world.

We actually just had several go in on Livingston ave on the west side where I'd not normally think would be desirable, but they look great and really brought the block up.So I'm a huge fan personally from seeing them go up in my own area.  

It helps being willing to talk to sellers/get on the phone and talk to folks in the real estate space in general but the most important thing in my opinion is being an honest and true person.

That's a great position to be in. 

Quite a bit of equity built up.

U can initiate a sale as the owner this is just a moratorium from investors or others wanting to swoop in and take advantage of folks at least that's what the state is doing or thinking this moratorium is going to doIf that's the case, I'm a fan. 

A cost segregation study was performed on this single family home in Iowa City, Iowa with a depreciable cost basis of $649,900.

I’m also a big fan BTR developments, especially horizontal apartments.