[fastfredracing]

We just looked at a REALLY REALLY run down farm , in one of the best areas north of Pittsburgh. 20 acres, Huge indoor riding arena, Giant Colorado ski lodge looking common area, 6 apartments, a huge 1800's run down farm house, barns, wash area, a few sheds, dumptrucks, backhoes, tractors , bulldozer ,out buildings, more tools , than I could ever fit in my building, the whole works .
I guess, at one time, it was a hoity toity riding scool, with students, and instructors living in the place ..
It is really rundown, the owner/operator did time, divorced, and it was left to his daughter to run. He has since passed, and it seems that she could barely manage a small apartment, let alone this place. It is one giant horde, and it is really falling apart. However, this is a killer piece of property , neighboring one of our most prestigious neighborhoods. It can be subdivided, and something in me tells me it could be a home run if we could pull it off. I cannot stop thinking about the place . Everything we would need to clean it up , is right there.
I think we would need at least one full time employee. + ourselves . It is really close to home, and big enough that I would consider selling what we have and building a place there. It can be subdivided.
30 some horses currently boarded there. I have no idea how it is functioning, as there is really no body running it , but there were people there riding today, and a bunch of horses in the stalls .
The money is good enough , that I think even if we bought the place, and just put it back together, cleaned up the debris, painted it all up, gutted the farm house down to the studs, and made if functioning again ,we could flip it, and make some serious coin.
One major stumbling block. I once rode a pony at the amusement park, and that is about the extent of my knowledge of horses and the whole equestrian thing.
My partner, about the same.
Any thoughts?