The reason was because his sister was a drug addict and her and her friends did it looking for money.  

Truly unbelievable.

It's unbelievable how ignorant people are.And I can assure you, the vast majority of these people are low-wage earners because they spend their days bemoaning successful people while squandering their time watching Dances With The Stars and spending money on fast food, cell phones, $200 tennis shoes, and booze while blaming everyone else for their lack of success.

@Scott Choppin  After reading this unbelievably accurate and comprehensive post about developing from ground up.. and there are still those that want to do it?  

The market here in Pinellas county is an unbelievable sellers market!  

Flipping can get addictive and it's fun, but buy and holds are where it's at - almost passive income.

Nicole Curtis from the Rehab Addict is going to be who most people in your market are going to look to as the design guru for the type of property you are describing. 

I don't really know too much about Top Hand except they are the other large PM there.I've gotten good returns there but the tenant class is tricky...lots of meth addicts that get evicted and then hop around from place to place singing sad songs or appearing normal but then leaving property damage in their wake & skipped rent.

You will find an unbelievable wealth of knowledge here through the blogs, forums, and podcasts.

We should be more concerned about losing events like outdoor retailer which was a regular event that we didn't have to build an almost useless light rail to support...Completely unrelated to RE - traffic throughout the entire valley was a freaking nightmare for years leading up to that event (we have what appears to be an addiction to I-15 construction here so we've decided to continue snorting lines of orange cones pretty much since that construction party started decades ago).