Is a Former Meth Lab Or Grow House a Great Buy in Real Estate Investing?
As clandestine drug labs are being busted, these properties are coming back onto the market from DEA or local county sales. Sometimes the actual owner was a landlord that wasn’t involved in the drug operation and he may be the seller. These properties offer great profit potential but come with their inherent problems. In most states, marijuana grow houses are simply searched for growing plants and drying leaves which are removed by agents and destroyed. These properties will have special electrical systems installed by the owners so that powerful grow-lights can help produce a constant and steady growth of plants. These extensive electrical modifications are very elaborate and often draw power that bypasses the electrical meter so the house usage doesn’t expose the high watts used by the grow-lights. Police simply have to fly over neighborhoods at night with infrared detectors and see those houses that are “glowing” with unusual heat and – busted! These grow houses usually have wall pa
