Good news is that if you have a valid contract he will have to sell to you, but you won't be able to get any repairs unless they were specified in the original contract. 

The police were called and she (the landlord) was taken away in cuffs...Unbelievable what is going on....Do a search for squatter stories in the news and you'll find a ton.

you see that news ?

@Nate Sanow https://www.naahq.org/news-publications/units/september-2018/article/survey-operating-income-expenses-rental-apartmentHope this helps!

That is a good source for RE news. :)        

These things are bad news.  

Fox 5 news reported on this in September 2022:https://www.fox5atlanta.com/news/court-backlog-prevents-clayton-county-landlords-from-evicting-tenantsMy tenants ceased paying rent in August 2022.

And the longer a property sits on the MLS, the more people tend to think just like you: why are they sitting, and ultimately the price (if they ever sell) starts to go down, in my opinion, further than if they had slightly underpriced it on the from end.Also, Lake Mead and Las Vegas are in the news for bad reasons lately.  

Understand the importance of doing your due diligence and make sure that you deal with legit and trustworthy people.The good news is that, after having invested for several years there, I haven't heard of any serious problems with foreigners systematically getting into legal trouble related to real estate purchases (mind you, there must be some statistically speaking, as there would be anywhere).

The good news is that you will qualify for 100% Bonus Depreciation.