If the landlord was aware of his past, yet rented to him anyway - any lawyer worth their salt would make a nexus between those two pieces of information and create a liability claim.In addition to the extreme negative press you would get, it also takes time, money and energy to defend a lawsuit you will eventually win.

I hired a GC to manage the build out, but there has been no consensus on who is responsible for the utility payments (Water and Energy). 

If you have experience and it's a light rehab, it can be a different story.2.

If you are going to have trouble with sub to, it will from your insurance company, so I'd tread lightly for sure.

@Gil Levy I recently completed rezoning a project from I-1 (Light Industrial) to C-1 (Community Business District) in Sylvan Hills and built 3 story Triplex.

The main issue with rental basement is water if it has water issue usually it is a simple fix .Clean gutters ,discharge gutter  water away 10" away from foundation, make sure you foundation soil is slopped away from it .If you need to buy soil get a clay mix .Cut back any tree too close to the foundation look at the drip line that's how far the limbs are out from the tree .If all that is done still has water buy a sump pump  carry the water to day light away from foundation 10" to 15" .

I was just curious if anybody here has any personal feedback on investing in that area and can shed some light (other than numbers) on why that place would be worthwhile.I apologize in advance to anybody who lives there and loves it.

Whether you’re a developer, investor, or entrepreneur, if you have a vision for tapping into the growth and energy of this location, let’s talk.

Its a 4bed 4bath, and the plan is to do a light rehab after the current lease ends, get new tenants and increase rents a little bit.

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