I have found a house that I love in the worst neighborhood in town. Probably has squatters, broken pipes, the works. Even worse: a poorly installed pool in the back yard.
On the up side, it's brick with a slate roof. Stained glass windows and intricate woodwork throughout. Sits on 1/3 acre in the middle of town between college campuses. Has been converted into 4 apartments and is appropriately zoned.
It's been foreclosed and will probably hit the auction block in 6 months. I'm hoping someone here will be able to talk me out of drooling over this 100 year old money pit.