Ms_Cranky_Pants t1_j9dg35n wrote
Looks like there’s maybe two other homes that might be inhabited on the block, the houses across the street literally have trees growing out of them. Safety is another variable, not just with living there, but with the rehab itself. You’d have to keep it from getting broken into and have a way to prevent your supplies from getting stolen. Some contractors won’t even do work in an area like this.
DoNotWeepAtMyGrave t1_j9g1s5x wrote
Beyond that, you have a $100k investment in a neighborhood no one wants to live in. The minute you leave the property empty it’ll get broken into, emptied and trashed, and you’re right back where you started.
UsedConsideration t1_j9gjdc7 wrote
Just saw a post about a physician who bought a home in Baltimore, rehabbed it, had it sitting vacant for a few weeks, went to get it ready to show for lease and found a family living in it. Now she has to file a full eviction for these squatters who are insistent they’re rightfully renting it. Police wouldn’t kick the squatters out.
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