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Al - that point isn't supported by what you
posted. The article clearly states more than once that their original plan
was to buy and demolish the properties. Nowhere does it state that they
planned to rehab the existing property but were put off by the additional costs
from HD.
I think you are mis-stating the case completely here. Now--if those
properties continue to deteriorate, and are not rehabbed for some useful
institutional use in the next few years, come back and let us know.
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