Should one Buy a Ghost Town?
I have been seeing a ghost town in Colorado that is 30 min to one hour from Denver is up for sale for in the range of $250000-350000. I know that two of the buildings are in need of a septic tank. The town was deserted after someone was murdered back in the 1970s. It has a motel, gas station, store, shop, cafe, 2 homes, and mobile home.
I am just curious what would you do with a property like this? How would you go about evaluating it? Don't just say numbers give me a break down. Also what about politics, getting a police force, firemen.