Need help avoiding the "Biggest Mistakes" list on BP
I have a triplex under contract in Omaha, NE (an out of state deal) that seems to pencil out fairly well. Problem is I just found there was an error in the original information and the property was built in 1884 making it almost 140 years old. I don't own anything this aged and never thought I would, it is not consistent with my investing strategy but the numbers really would be pretty good (not great). Many people have told me that "this is not an issue if the property has been taken care of". I have to say I am really stressing out about it, especially when it is well known that inspections don't always uncover all of the issues in a property. Any words of wisdom (or warning) from the BP group on this?