Historical Home Renovation

We purchased a historical home in Ghent (Norfolk) for $260,000. After several months and $125,000 worth of renovations and major repairs, we have a tenant in place and the home is finished with an appraised value of $532,000!! We just recently completed our cash out refinance for this project and plan to roll over the capital for the next project. UPDATE - We sold this house and used the profits to increase our investment portfolio!