So I don't gamble on it. 

There are some great programs out there to help owners with lead compliance projects.If having lead certificates is a priority for you, and it's not for all investors, then don't gamble with it.

FYI alcohol was illegal in some cities, gambling too, this nothing so bad and its the owners place should be aloud to do what feeds your family. 

Of course you could offer a slight premium depending on your comfort level with getting approvals but otherwise you are just taking a gamble to pay much more than the as-is value...

That's not really investing in my book, it's gambling.

That was the gamble I took. 

Ranges are the easiest to fix, it's almost always the igniters.

for whatever reason you have the tag line"appreciation is gambling or speculation" and I am not a gambler or speculator.. in some markets this is accurate in others its not wise at all.like when you see his rental proforma and the rents double in 20 years.the only place I have seen that is on the coasts.. not in the mid west..

Cincinnati too is home to big players like Proctor and Gamble, General Electric, and more.

That isn't an investment, it's a headache and a gamble.