We are open to the possibility of waiting on buying a place. I understand that investors tend to be viewed as more bad than good. I will live in Charlotte and do want to make a contribution to the city. I'm not going to sit here and make excuses or sell something to you but I couldn't let my convictions of what I believe be crossed by the dollar in this case. Our goal would be to improve versus abuse. If it doesn't work out it doesn't work out.
I wish there were more properties like that in Chicago, the typical three or four flat building. Renovate the property to efficient standards, pending cost, maybe even up to LEED standards, to provide lower cost of living for buyers or renters.
Many wonder why we would do that but that's just our belief in what should be done.