A strong Op Agreement will cover the Ds - death, divorce, disinterest, drug use, default, etc. and how capital shortfalls and draws are to be addressed.  

My conviction was over 10 years ago (drug felony) and i have been off probation for over a year.

Not much if any; drugs or violence.I'd list the buildings address, but I'm not sure that that's OK on the forums, so I'll just give a description.The building is on a dead end street with a school at the end (my elementary school =) Another building across the narrow street with houses lining the rest of the block up to the school.

I've now backed out of two deals within my inspection period either due to shady owner (pretty sure related to drug cartels) or owner wasn't willing to budge on a $12K roof repair.The last deal was a triplex that had an accepted offer contingent on increased rents and inspection. 

My day job is doing the pre-employment drug screens for people to enter the gates at the refinery. 

If you decide to buy drugs instead of paying your rent, the government is there to support you with a free low-life, scumbag legal aid lawyer and landlord-tenant laws that favor the deadbeat!

This would be called a prescriptive easement.

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

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.  

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.