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Updated almost 4 years ago,
Potential Meth House Rehab
Hello! So, I have an opportunity to buy my first off the market property and I wanted to first get some advice from some people who may have been down this path. The property is a quad, which is exactly what I have been looking for, but the neighbors have lovely dubbed it "meth mansion". My questions are
Is it worth trying to rehab a known drug/meth house?
What kind of work and rehab needs to be done? Is it a *total* rehab of everything (completely gutting the place and redoing it from the inside out)?
What questions should I ask the current owner who is extremely motivated to sell the place?
What kinds of environmental studies/inspections should be performed?
I am just trying to get good grasp on things to see if it even is worth looking at. I could make a huge impact on the neighborhood, but at the same time, it could be a horrible nightmare of a project/property.
Any help and advice would be greatly appreciated!
Thanks,
JJ