The property is totally undeveloped, so water run-off, foundation work, soil testing all would need to be done. 

The floors are not as long tested in the market place like laminate but if the claims and durability on warranty are true then I really like the product.  

Any of the following are signs of a war area.Constant sirens and helicopters.Gun fire at night.Shoes thrown over powerlines, indicates drug sales nearby.Seemingly able bodied working age people just hanging out during the day.Large number of liquor stores and check cashing stores. 

Purchase price: $40,000 Cash invested: $5,000 Sale price: $97,500 This house was vacant, in very poor condition, a drug den and a thorn in the side of local police and the neighbors.

Purchase price: $40,000 Cash invested: $5,000 Sale price: $97,500 This house was vacant, in very poor condition, a drug den and a thorn in the side of local police and the neighbors.

Typically (varies by state) you are an agent FIRST for so many years when originally licensed after passing your ongoing classes and then the final state exam.If you pass the final exam your license is usually on INACTIVE status until you associate and sign up with a brokerage to hang your license with.Various states then require a certain amount of years typically active and in good standing before they allow you to take the brokers license test and even then maybe more years before you can become one. 

Hey BP community, looking for your thoughts here on this matterWe have a buy & hold, 2-family under contract finally at a price where everything makes sense for us.1 unit is vacant, 1 unit is occupied.We are still waiting to see the current lease agreement (if there is one) for the occupied unit.During our walk-through we took pictures of everything and when my business partner was reviewing the photos he found a picture with a safe, a drug scale, and some other tool apparently used for measuring drugs in the tenants bedroom.We are expecting some trouble getting the existing tenants out but wanted to gather advice to see our options here.Is eviction our only real way out?

Right now I am doing some light marketing test runs to prove out the concept with a couple vendors in a couple states...........Anyways, thanks Chris always appreciate feedback from you on compliance type stuff.

Where are they most common and are they tests that can be done.

The HOA fees cover these.This has been tested many times before, a mentor of mine who has been a landlord there for going on 4 decades that having a property management is not cost-effective and generally a bad idea - in that particular location.I don't like the idea of giving up $3,000-$5000 per year, per property, to do less than $500 worth of work.These aren't the typical high management intensive single family homes in the Midwest.As I was saying before, why would the time difference be such a big issue?