However, I would avoid neighborhoods where the vast majority of the homes are owner occupied and all of the homes are really well kept - you can do a quick search on county GIS or software and click on the homes to see if they are owned in personal names or LLCs. 

It is close to the downtown area but the majority of area is bigger lots and on the other side of a prominent hill that gives it a more out in the country feelFoothills is the most exclusive areas with higher price points and lots of upper end shopping and diningMarana and Oro Valley are the newer "suburban" areas of Tucson that have the laid back walking and biking paths, golf clubs, snow bird / retiree type activities that draw visitors in and then get hooked and eventually buy homesIf you haven't tried Tucson yet, there is quite the variety and with snowbirds leaving, there are plenty of current STR's ready to host you as the summer warms up. 

When we had major storm damage to our place, I considered hiring a public adjuster too.

I think there are two maybe 3 ways to look at this in my mind.  1) you go into it and bring it all up to modern standards but using that old charm to basically take what is there bring it up to modern standards and rent it out essentially I'm thinking cocktail bar or something trendy like that.2) most banks are on really good centrally located real estate if this is true, then I'd consider it for the dirt, plan to scrape the lot and go vertical with whatever the highest and best use is.3) a kind of combo of the two, if the lot is in a good location and its doable, pull the vaults or other "character pieces" out of the building, scrape the lot, and build whatever is best suited for the site there, but incorporate those historical pieces into the final designs.Is the site near a major retail area? 

However, I have also studied this and have seen that the majority of those who lost was because of themselves.

Hurricane Helene prevented us from hitting $200k revenue this year since the interstate got shut down for major repairs and tourism traffic suffered this last couple of months which are always the best months.

if you ever have a major repair, or an eviction, or a major turnover, you may need to be a little more 'active.'

However, I don't feel the majority of tenants are considering that when trying to find a place to live.

We removed a chimney to open up the space and updated all the major ticket items—new electrical, HVAC, and roof.

The "housing locators" companies are major businesses.