Quote Originally Posted by Igifuno View Post
there are definitely different investment strategies. short term holds are just as common as mid or long term. There are prestige investments and what's called opportunistic investments where the goal is to, in fact, capture as much 'bad' real estate as possible, particularly in a poor economy. This could be a gold mine if the community is up for revitilization in the following few years.
The only other concern i thought of. If you did buy a depressed property. At some point would the city make you tare the structure down? Or could you just fence off the structure? Was just trying to think of what expense i may have with a property like that in the future besides the taxes. Figure would keep the utilities off