The lower-end of that hood will have some dicey folks, some with drug habits.  

Just because you like to deal in cash should not equate you to being a drug dealer or tax evader. 

From there I look at actual location I am very familiar with the area that I am investing in so I know what streets are good and what ones have drug issues.

Well I lived thru the 1970's and the "Rock Stars"  lived by the motto  Sex , Drugs and Rock n Roll . 

My boyfriend and i are just really needing a place to stay and very fast i can move in any day but he wouldnt be there for 2-3 weeks because of his situation which i can and will discuss if you want to know neither of us drink or smoke or do drugs we are pretty quiet laid back people and follow any and all rules given we are only needing a place for 2 to 3 months im 13 weeks pregnant right now and would definately be out before the baby is born as i understand most people dont want a crying baby in the house so it would only be short term til we get on our feet and get our own apartment we can provide our own furniture if needed and are very serious about gettin a place as soon as possible PLEASE email me through here or give me a call at [Removed obviously] anytime if your serious about renting us a room for cheap or in exchange for cooking cleaning and childcare or whatever else you can think of he can also do yard work and some handy man stuff if needed thank you very much for reading my post and look forward to talking to you soon =) oh also i do have a cat but she can not come if you wont allow pets but if you do its a plus and if not i do have a friend that will take her

This would be called a prescriptive easement.

I'm not pro-drug, I don't condone illegal drug usage but I do recognize the abuse as an illness.

 I can think of a few risks off the top of my head:1) Owners could file Bankruptcy and tie you up for years in a payment plan.2) you really have to know good neighborhoods in Newark.some neighborhoods are great for strategy comma While others may be a disaster.3) There are many cases in Newark and other in the cities where houses become vacant, occupied by drug using squatters and eventually accidentally burn down.

I hired a contractor who ended up being a drug addict.

He says it is owned by a contractor who wants to get rid of it to raise cash.315 Brevard Street Statesville, NCLooks like the property is in pretty good condition having been mostly rehabbed but still needs some final work to get it rent ready.Neighborhood looks working class and fine.Crime Reports.com shows some drug and assault issues in the last six months a few blocks away but not much directly near the property.