I'm a new member here.My husband and I will be in Naples, Italy, for a few days starting from tomorrow.

BUILT TO RENT: New Modern Home for Investors in Griffin, GAGriffin Modern LLC is proud to unveil its first completed home in Griffin, GA—a 2-bedroom, 2.5-bathroom property that marks the beginning of an exciting new chapter in this growing community.

I built my first modern 7 years ago and like you agree that some (not all) moderns will age out.

Modern codes might require 5 in a room like that.

Lots of older houses but there seem to be several that have the potential for cash flow and while not exactly modern on the outside, have been renovated inside. 

With 4 years in container conversions, we're transforming shipping containers into modern, efficient tiny homes and small homes.Currently working on a small, 10 home, senior housing development.Expertise: Container home design, sustainable building, alternative housing.Looking to: Connect with investors interested in container homes, share knowledge about factory construction, and learn from the BP community.Feel free to reach out if you're interested in container homes or factory building practices!"

I think there are two maybe 3 ways to look at this in my mind.  1) you go into it and bring it all up to modern standards but using that old charm to basically take what is there bring it up to modern standards and rent it out essentially I'm thinking cocktail bar or something trendy like that.2) most banks are on really good centrally located real estate if this is true, then I'd consider it for the dirt, plan to scrape the lot and go vertical with whatever the highest and best use is.3) a kind of combo of the two, if the lot is in a good location and its doable, pull the vaults or other "character pieces" out of the building, scrape the lot, and build whatever is best suited for the site there, but incorporate those historical pieces into the final designs.Is the site near a major retail area? 

Hoping to place tenants on the first floor as close to move in as possible (1st floor unit is modern and doesn't need any work), then quickly make the repairs on the 1 bedroom unit to update and turn into a 2 bedroom and get that rented as soon as that is done.  

Cheap rates and modern tech are great, but none of that matters if they can't actually get you to the closing table.

Left some of the character while adding modern amenities, brought it up to code, and staged it.