At the same time I would look at the lease you have with the abuser and see if there is a clause to terminate his lease for "criminal acts on the property".

What about the overall Internal Rate of return for the project? 

I also went through internally so I could get a lower working class tenant. 

Hi,I have a potential international investor who is looking for a commercial or residential property in NY Tri-state ares.Can someone recommend a broker who they dealt with in the past.Thanks in advance.

They find a buyer easier at sales meeting or prelisting internal sites.

If by yield you mean cash on cash return or Internal rate of return(IRR) You most certainly can.

However illegal flipping opens one up to criminal prosecution.All one needs to do is google "illegal flipping" and you will find a plethora of information on the subject, from HUDs 2003 memo and subsequent guidance memos, to Freddie Mac guidelines etc.I think the problem for many on here to understand is that they were not doing business when this was a prevalent occurrence, and the people most familiar with it are probably appraisers, lenders and agents...and less so investors.

While I don't have any advice for you pitching the idea for funding, purchased mine with seller financing, I had the following thought:While focusing on the car enthusiast niche is a good idea backed by tons of demand, I worry that your facility would be a bigger target for criminal activity if it's labeled as a car storage facility.

Flipping PropertiesIf the primary objective of your real estate business, or one of your real estate businesses, is to buy, potentially fix up an existing property and resell it within one year, the Internal Revenue Service can consider that to be an active trade or business.

@Aaron Gould Aaron, I agree with David as Mysmartmove.com has criminal, credit, and eviction and is recommended quite a bit on BP.