Richmond Slumlord Watch does it again, this time bringing to light what they call The Goswami Scheme:
Ok, “scheme” might be giving the Goswamis too much credit. Basically, their business model seems to work like this:
Buy dilapidated house in North Church Hill.
Sit on house for a few years, let deteriorate further.
Try to sell house three years later for a four-to-five figure profit.