Has anyone encountered this.

What type of challenges did you encounter building the marina?

We did have to do some repairs but you will probably encounter the same with tax foreclosures.

Peter, I have processed literally hundreds of evictions over the years for various employers for non-payment and not once did I encounter a tenant who took advantage of their "miranda" rights??

Some was.Here is an attempt to clear the record.To be in total code compliance, you must either:- Install 2 prong outlets- Install a GFCI receptacle (3 prong) marked with the sticker that comes with it "No ground present"I must confess, without doing further research on the GFIC breaker suggestion, above, I am not sure if it is code compliant or not.

The Phoenix area has this potential too (5th largest city in America afterall), but I wouldn't plan on living off your cashflow in 3-5 years... especially if we encounter a recession.

No doubt you encounter some of these issues even with listed properties, but maybe just not as frequently?

You likely won't encounter major vacancy issues and you can always reduce the asking rest to fill vacant units.

Dial for dollars until you encounter a local lender that can spell the words "delayed financing exception" without the use of google or a spell checker.https://www.fanniemae.com/content/guide/selling/b2/1.2/03.html#Delayed.20Financing.20Exception 

A thought is to issue limited business or company car sticker and ask them to put on the windows.