I also heard of horror stories of thousands of dollars of water bills because tenants are retaliating and they flood the house.I know the rules: You need to have licensed plumber sign off that low consumption faucets, showers and toilets have been installed.

I supplied a washer and dryer hook up, and there is no way to determine if the tenant may be doing laundry everyday or taking 3hr long showers with no concern for the water consumption.

Underage alcohol, drug, etc...

For those not familiar, the proposed Fair Tax legislation calls for full repeal of all forms of Federal taxes except for the excise tax, replacement of those taxes with a consumption tax, and repeal of the 16th Amendment within 5 years of the Fair Tax passage.

I have to imagine that the ones that made it on the websites for general public consumption were passed over by more trusted and experienced investors first, thereby making them much riskier for a novice buyer.

fancy alcohol, that's my favorite thing people leave behind!

But it was a very sporadic consumption of knowledge. 

The problem is not rooted in homelessness, it is rooted in mental illness, drug and alcohol abuse.

Either get a short sale started or forget about it, and don't believe everything sellers in distress tell you.....my best deals have all involved an owner in distress due to some some perceived "injustice", mental/drug/alcohol issue, etc......and trust me, it was Never their fault.

Another was caught supplying minors with alcohol.