I am a person who collects abandoned properties like other people collect abandoned pets.
I cannot resist "just one more" when I see broken windows, overgrown vines, and crumbling mortar. But what I am actually seeing is cool housing, cute cafes, or a new retail business. So far its worked pretty well, and VRBO has helped me find even more uses for historic buildings that beg for help as I drive past.
Luckily my structural engineer husband has a lifetime of construction experience to help the renovations along, and my corporate world sister has embraced my type of investments for her portfolio. The three of us have done houses, apartments, office buildings, and a Queen Anne Victorian; we are currently working on a mini stone castle and an abandoned bourbon distillery.
We love sharing our appreciation for historic properties with the residents of Lexington, and now we get to share them with the world. We have embraced the vacation rental concept for a two years now, and have enjoyed every moment of it.