It means the homeowner got sued and lost and now there's essentially a lien against their property (often called a "cloud" on title).

If I could do that I would essentially have free houses with a pretty good return on investment.  

It is highly desirable to blend uses into the area thereby protecting the residential character of the area; but not create architectural or traffic conflicts nor permit the commercial development to expand into a regional center of such scope and variety as to attract significant volumes of traffic from outside the neighborhood.Even though I can think of innovative ways to increase the rent and current job market in Bakersfield with plenty of jobs in Oil and gas and agriculture section make this increased rent very doable, but I see that as wishful thinking and when making an offer, I want to be as realistic as possible and I will not hope for any income above fair market value.I have a feeling that most challenging part in real estate is finding the right property at the right price.

Essentially, my accountant said to calculate out the percentage of SF used by the tenant, and then all expenses get apportioned by that same percentage, including depreciation.

So, after the drill, I'd put a sawzall as number 2.You also need a good assortment of drill bits, screwdriver bits, and blades for the sawzall.Working on a car a socket set and a set of combination wrenches is essential.

I do have a rental house with somewhat similar purchase/rent numbers though that doesn't cash flow well on paper, but it's completely remodeled so at least for now my maintenance/repair costs are essentially 0.  

All new carpet, coated all of the walls AND the subfloors with three coats of KILLZ oil based primer. 

Meth remediation is essentially a full gut job, usually down to the studs and probable removal of the HVAC and all ductwork if this was truly a manufacturing facility and not just smoking.I would encourage you to call these folks and talk to them about what your concerns are.  

Flat painted / textured ceilings get Original Kilz Oil since they can't be scrubbed easily.

I am willing to offer water and most electricity at no extra charge, but I'd like to put something in the lease that requires payment towards oil and air conditioner usage over a certain point.