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"In another market..."
How can we possibly answer a question of how much your repairs will cost without knowing where they are? Rates for contractors in North Carolina are very different than Vancouver.
It's just my opinion, but owning a house from the 1890s as a rental property seems a poor decision for being able to figure out with certainty what your future cash flows will be - the upkeep and maintenance on such an old house is certainly a question mark.
-Mark
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I'm old now - boring street cars and sweet race cars.
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