What is the difference for this scenario with a person offering to help prevent foreclosures or ask to purchase a home that is listed? 

Managing a rental property long distance is not for everyone, especially while pursuing a master's degree, and can add unnecessary stress and complexity to both your lives.

In market where DOM is less than 10, buyer agent is almost unnecessary,they are only the exchangor communication between seller and buyer. 

Can I prevent the banks from going through foreclosure.The property does have equity in it (based on loan origination date of 2009 for a value lower than the current market value).

I was wondering if there is anything that might prevent me from exchanging it for a rental property like a duplex or a triplex?

Otherwise, it isn't too exciting to buy a negative cash flowing property because it prevents you from scaling today.

Seller has a mortgage that will prevent him from selling at a 6% cap.

They check the exterior each time and seal any new holes, make recommendations about anything I might need to do to help prevent pests, place bait boxes around the perimeter and will go inside if needed.

I’ve also managed units where on our renewal rate we did reduce the rent from the prior year, but for other reasons, such as the prior year of the tenant having a washer and dryer, and a major plumbing issue with the building, preventing us from offering it the following year so we did a reduction.

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.