Richmond is interesting because there are some up and coming neighborhoods but you are taking a little bit of a gamble if you bet on those.

I am very upfront with my clients that deal finding is a team sport.

Now, we all know that the gamble is that they "always will" renew & many have been caught with their 5 years ending in a bad lending year putting you at risk of the balloon payment coming due with the bank taking a pass on renewing.

Your guy may have a substance abusers or gambling problem.Everyone has a part in this.

Departmental accounting can be used, for example, a store may break down departments, ladies wear, men's ware, shoes, sporting goods, etc.

Not into gambling anymore.Swanny

So I ask and they just say "give me the original plans and 10k and we'll go from there" but that seems like a gamble.

He will be more knowledgeable than I am on your rights and best approach to collect damages.I should not recommend this and it has some risk (but probably worth the gamble) but if your system fails you could try what the person that sold me the property did and try to ignore the demand to hook to sewer and hope the city never checks. 

I am pretty sure it would not even cash flow at 5% ($7,000 down).Now if you thought it would double in price in the next three years, that's a different story, but not one I would gamble on. 

I'd let him be someone else's gamble.