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Updated over 7 years ago,
Potential Meth Cooking in a unit - Run Away or Bid Lower?
A property we are looking at for a rental is "rumored" to have had a tenant that was making meth in one of the units. We are going to do a preliminary walk through because this property checks a lot of boxes and has great potential if the meth rumor is false.
We will do our inspections and check into the rumor by having testing completed, but I wanted some advice from the Bigger Pockets Brain Trust.
Is this the type of thing that you run from or do you consider it as long as it is handled correctly?
I imagine it will be manditory to disclose that there was meth in the past and it could complicate things down the road.
Thoughts?