RE: Spotting Dodgy Real Estate in Thailand: My Take on a Sketchy Development

Could be but even so, you can do a way better job with more profit as these buildings serve no good purpose, no one with healthy standards is going to rent or buy them. The other problem is, in a year or two, all of them would need renovation and then what?

They were asking about $300 per day, multiplied by about 20 houses, and multiplied by 30 days = $180,000. That's $2,160,000 per year. Two years is enough to spend almost $5 million. The houses are thin concrete walls and combo wood, so the cost price is low and they can be sold at cost. I think that's the scheme, but I don't understand it very well. ))

Plus WTF is this?

I didn't quite understand what you meant. This is one of the rooms in this house))

!PIZZA