Starting to think the only way to profit is finding gold bars stashed in the walls of this place.

My father always said your mind is where you train first- this coming from an Olympic Gold Medalist. :) Obviously I value mind training first.

@Brian Kempler -What NPN 2nd’s were selling for in 2008, the heart of the bank turmoil, is like referencing what gold sold for in 1932....totally irrelevant.

A little side note: A while back I seen a spreadsheet of Beverly Hills California mineral rights holders, a surprising amount of them live in Texas.It was for actively producing wells of Black Gold--Texas "T", and the checks are for a LOT more then $150 a month.https://www.youtube.com/watch?

Usually low inflation is good for stability but wages never keep pace with higher inflation and costs are rising quickly, e.g. gas and food, so, with household income remaining steady, late payments will rise, putting notes in jeopardy.In these times, cash and junk silver are safe, all else are speculative, including gold and real estate.

Next on payment, I think your missing the value in a tenant who is willing to work above and beyond there ability to assure rents are paid, that's solid gold.

If you, or someone else (this needs to be the same person every day),  won't have the time every day to "babysit" the rehab, if you don't have extensive experience in rehab, if you don't have a large cash savings that will be tapped during rehab process (at the least enough to cover the holding costs...and then some)...remember, there will be no income coming in during the very long rehab process, I would avoid any long term involvement that is based on a vision of gold. 

@Jeff Gold these would be the first tiny house community!

@Jeff Gold I’ll shoot you a DM

@Josh Darley instinct and gut feeling are worth their weight in gold.