At the time I was busy with my main business working with tax foreclosed properties, and I didn’t really have the time to do NPNs on the side, but it seemed like something I could expand into in the future so when Scott approached me with a JV (Joint Venture) proposition to passively invest in some CFDs he was buying it seemed like a great way to get some exposure to how these played out.

With that being said I believe there are multiple approaches to a situation like this. 1, being you let them out of there lease with refunded rent from all paid months the tenants have paid. 2, You take the safe and correct approach and get it tested and properly cleaned if needed to continue to be a potential success landlord, not testing or cleaning a meth infused house is very bad for anyone to live in, so you just continuing to rent it out without finding out the truth behind it all, would make me hope you don’t continue in this line of work.

Anything 1-4 units will be primarily valued off of the sales comp approach, anything multifamily will be valued off of the income approach.

I've watched a lot of his youtube/podcasts/etc and love his approach to these thigns.

Hi BP Community, I'm an investor in a few Ohio markets and I'm looking to break into Detroit. I live in New York.My initial research points to Detroit being an excellent cashflow market, almost too good! I would love ...

That conversation might guide how you approach the township about permits, but I would agree with Nathan that you'll likely pay some fines in addition to the typically paperwork. 

Just a thought on how I might approach this dilemma. 

There's typically a time limit to how long that lasts, but the fact is this agent helped you and is considered the "procuring cause" of the deal, so you should honor that and ensure they are paid.It was unethical of you to approach the buyer and try to cut out the agent, and it is definitely unethical of the seller, which makes me question whether the seller is someone you want to deal with. 

And is low balling being used, because you know at certain times it's a waste of time due to high demand for that asset.So I kind of spoke about this in a cloudy manner because I approach it non methodically, and try to maintain flexibility.

Note in 2019 my beach STRs approached 100% occupancy.