I'd like to get your input on boarded-up houses. My parents owned a home in an area and eventually rented it out for 13 yrs. Finally sold and made a good profit. We know the area and look there often because it's a much sought-after area with elementary and high schools very close. Just the other day we were cruising around and spotted a boarded-up home that we had delivered newspapers to for years. We researched using Prop Trends and the MLS and found it was a 3-unit single home with 8 garage rentals(included) that sit behind it. I was just wondering if boarded-up homes are riskier; I'm not sure how long it's been closed up. We do have the address of the current listed owner and are going to contact him. Does anybody have a form letter you use to make contact this way? We went to our courthouse Friday to research homes we've spotted in our drive-by searches.
Vincent and Pamela Jo
"He who is mighty has done great things for me...He has...exalted those of humble estate; he has filled the hungry with good things..." Matt. 1:49-53