In the majority of fraud or Ponzi Scheme cases the common theme seems to be that the money is mostly gone, and whatever is left runs out before a large portion of the victims are made whole.Sounds like the majority are first position mortgage holders.. this is super simple find an attorney that specializes in mortgage foreclosures and file. there is a federal law that went in post GFC that requires lenders to give a 90 day notice before they can file and I think it pertains to any loans on any 1 to 4 unit properties  the assets that Dodd Frank was designed to regulate. once the 90 days is up you file your foreclosure  in OHIO its a mortgage state so it cost more  money than a Deed Of Trust with power of sale state.  

But you’re right, that’s about the average but depending on how nice the home is, whether each resident gets a private room, and the level of care/specialization, will all factor in! 

Half of my portfolio is OOS, and I haven’t seen most of those, even after 10 yrs, but I get trusted people to take pictures and I send specialized trades (plumbers always and sometimes electricians) during DD period.

I have been working in the real estate industry since 2010 and have specialized in working with investors here in Florida for a number of years...you are absolutely right, it is typically VERY difficult to find decent small multifamily properties here.

looking the condo price in the city dropped a lot in the past 3-4 years, specially after covid. 

Unless you specialize in this niche, you may be better served by working with a luxury realtor who focuses on these types of properties -- mixed use, commercial, international, etc.

Additionally, are there companies that specialize in doing this or helping the owners through the process?

I specialize in new build duplexes here that offer strong cash flow and long-term growth potential—ideal for diversifying your investments.

She specializes in various types of properties, including investment properties.

For example, you could offer a special deal like, “Stay two nights in August and receive a s'mores package or tickets to a local restaurant or waterpark.”You might also think about donating a week to a previous guest or a family in need.