There's a reason that people try to buy properties off-market and that is because you can find sellers who care more about terms than maximizing returns.So start with a conversation: you already presumably have some rapport since it's your landlord and you've spoken before.

Although some people will yell that 'this is mean, of those poor people' it has to be done like this.

I do want to thank people for taking the time to answer this. 

People always say there's no value but that's not for you to determine.

I feel sorry for the people losing everything in the fires , insurance will go up .But I wish I was the guy  driving this bulldozer ;t=162s

After punching your rental income from tax returns MOST people more or less break even ion a rental.

So we shall elucidate five myths and truths about investing in them.Myth 1: Distressed Properties Are Always Money PitsMost people think that distressed properties require major renovations, which wipe out profit returns.

The audacity people have to trash your place, treat you like garbage and want their money back. 

@Shayan Sameerif you are putting down 20% cash but borrowing 80% from a HELOC, i still think you won't cash flow.i also get nervous when people throw out entire states. 

I haven't seen a lot of discussion about this topic which surprises me since I feel like personal finance people talk about HSAs all the time!