I have tried to buy a couple of these properties. And for some unknown reason it is almost impossible to work with the bank that owns them. I do want to restore and sell them, so they would be done up right. But either the price is so high or the red tape so onerous that it seems they will just sit there and go downhill. Makes no business sense what so ever. Bank stock holders beware.
So if you see one of these that you know can be bought (all issues with ownership resolved), please let me know. I will help your neighborhood improve.
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Life is to short to drink cheap wine.
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