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Old 12-02-2013, 03:34 PM   #48
Billy Bob
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Join Date: Jan 2012
Location: Tiera Verdi Fl & Moultonborough
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Default the loss is not replaceable

What a building it was . It was loaded with charm that came from being an original barn structure that cant be duplicated.
To rebuild requires the building be brought up to current code , that's all the ADA act issues and general construction codes . That can't and should not be waved. And with those codes comes a loss of the original ambiance.
The other serious issue is the current owners picked this up at a foreclosure auction for a price that seemed to be well below market price. That's also what helped make it work financially. Rebuilding will be at full replacement costs that will make margins tight . I would call it a game on this one and move on to the next deal .
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