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Updated over 7 years ago on . Most recent reply

User Stats

115
Posts
11
Votes
Sherri D.
  • Michigan
11
Votes |
115
Posts

Commercial building with possible drug history

Sherri D.
  • Michigan
Posted

I am researching a 17 unit building that might have a history of meth or other drug activity. I plan to rehab the property, rerent the units and hold it for a number of years, at least 15 or so. If it has a drug history would that affect the value? Are there any special rules regarding previous drug houses? Have any investors in this forum invested in previous drug houses?

Thank you!

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