these are pre-investor fix-up homes that are being bid on for rehab, i did the inspections for the financing for the investor, i'm supposed to put a value on these properties on what they will be worth AFTER they are rehabbed
there were rats the size of cats, roaches the size of rats, general filth and disgust, i was scared walking through these homes
the investor client I was with was a nut, he had no fear, just walked right up and went in, telling me the stories of finding the squatters in the homes, the crack heads, the dead aninmals, and finding a dead junkie in a basement with the needle still in his arms
these homes are in some of the roughest, worst areas of Detroit, and they are pretty much unsecured/not locked or boarded and all the crack heads, vagrants, scum use these places for whatever
most of anything of value including all the copper wire and plumbing has been stripped out, there are huge holes in the walls and most of the basements have a couple feet of water in them
its amazing that someone can even fix these things up, my guess would be just to tear them down, the investor hopes that most of them will survive devils night, not that he has any money into them yet but it would be a loss of potential investment income
there were rats the size of cats, roaches the size of rats, general filth and disgust, i was scared walking through these homes
the investor client I was with was a nut, he had no fear, just walked right up and went in, telling me the stories of finding the squatters in the homes, the crack heads, the dead aninmals, and finding a dead junkie in a basement with the needle still in his arms
these homes are in some of the roughest, worst areas of Detroit, and they are pretty much unsecured/not locked or boarded and all the crack heads, vagrants, scum use these places for whatever
most of anything of value including all the copper wire and plumbing has been stripped out, there are huge holes in the walls and most of the basements have a couple feet of water in them
its amazing that someone can even fix these things up, my guess would be just to tear them down, the investor hopes that most of them will survive devils night, not that he has any money into them yet but it would be a loss of potential investment income
