The worst thing to do is (well, other than gamble it all away or use it on drugs/booze) is to rush into something unprepared.There are lots of ways to invest it:- Stocks, bonds, mutual funds- CDs, high-yield savings accounts (which really aren't that high yield)- REITs- Private lending for flips- Private lending for buy and holds- Do your own buy and holds with a property manager- Partner for flips or buy and hold where you have an equity stakeEtc.

It wasn't a terrible location during the late 90's to early 00's but the job market isn't as good as it once was and the area has been plagued by drugs and drug violence. 

The fire departments report determined that the fire was caused by the tenant throwing a cigarette into the trashcan, and also mentioned finding drugs on the premises. 

Registered sex offenders have the lowest recidivism rates when compared to domestic violence, battery, drug offenses, theft, robbery, DUI, and assault.

Lot of fist fights in the driveway, kicking each other's cars, cousins and friends getting into fights with them, and at one time I think they were boarding a fugitive because about a dozen cops swarmed on the house (I was watching my surveillance cameras in horror) and grabbed some guy that was running from them and hauled him away in handcuffs.My neighbors think my tenants are drug dealers.

I've watched and seen other people do this every day, but drug my feet till I found this site and a great mentor that I lean on a ton.  

The riff-raff that I got as tenants inherited a bunch of money (or made it selling drugs), but no matter how much money they have, they're still riff-raff.

But I heard there is increased drug related activity/crime in the area.

So,If I am able to put the property in my business name than that would allow me to seek financing through the business in about a year or so and build the business from there thus alleviating the need of putting them in my personal name.The prospect property would rent for approximately $1100 and cash flow about $300-$400 per month.So does this seem like a viable deal to get the business up and running or should I seek the traditional method of getting a loan and establishing my business name in the game?

Are you allergic to any drugs?