If it was a meth lab you'll need to contact the city to obtain special permitting as well as testing to ensure that it doesn't have toxic chemicals and is safe for occupancy.

I am an evil scientist working hard to take over this planet with my robot minions!

Hey @Clint Koehn, I'm sorry you've had this experience with a Property Manager in OKC :( Folks like Tracy and I are trying to drain this swamp and make property management in Oklahoma City a light thing and not a toxic drain.  

Now, almost everyone on the planet can be contacted, and quickly.Get the best info you can, listen to your intuition and... make your choice.

Income-Expenses = NOI everywhere on the planet :grin:  If the NOI is negative the you get a negative cash flow. 

I am a Sub2 student of Pace Morby, the best real estate mentor on the planet.

On the flipside if you had a marina that did not service boats  in any way you could always put condos next to it just be very very careful about ground water quality soil quality previous spills all kinds of fun stuff and by fun stuff I mean everything having to do with the boat is toxic  in the eyes of the Manatee huggers and if you're going to build on it you may have to clean it up first .

Toxic lye based chemicals and HOURS of scrubbing.  

My ignorant perspective is the planet/market isn't producing these limited supplies in increasing quantity without a corresponding increase in input of energy and expense.  

Is there a person on this planet who has not heard of the horror or comeback stories by now?