Having strong involvement in the addiction community is crucial to building trust among addicts, house managers, counselors, neighbors and treatment centers.

Was drug money, called the police. 2.

You can get a $1200 coach house a street over from a drug den.

@John Park remind them that the use of illegal drugs is not permitted as referenced in your lease!

The big cost will be the mold treatment. 

Be careful about partial gift/partial sale treatment if you’re buying it for such a good price.

Hope everything worked out with your medical treatments. 

Also....you absolutely can screen the tenants....you are not "forced" to take anyone.To help mitigate the risk of having potential tenants that are "a little rough around the edges I make sure of the following.No Smokers, Period....not even vapers or cigarsNo Drug Users PeriodNO Previous Evictions from within the last 10 yearsNo felonies No pets, period.I have Section 8 tenants in Cuyahoga County (Cleveland), Alameda County (Oakland, CA) and Contra Costa County (Concord, CA).....and it works.

., Syndications must be set up so you are purchasing a tenant in common interest of the underlying real estate in order to be eligible for 1031 treatment. 

If you have sold few houses in the past and your initial intention with this house was to flip, you gain is ordinary gain, not capital.If you bought a property for rental, tried to rent it, and held for appreciation, it might be considered investment property and you might get capital gain treatment.