@Mohan Deep, in most situations you will never recover that money.

There should be a red flag for the next LL to know that this tenant is not to be trusted.

Believe me.... with the way our government is operating, $100K in premiums paid today is going to seem a lot less ten years from now.Not being an agent or FA myself, you're best off talking to someone who is, and having them deep dive on the policy. 

I'd suggest diving deep into the local market trends and connecting with fellow investors in the area.

I've dove deep into the realms of real estate wisdom, heard every guru spiel, and read more how-to guides than I care to admit. 

Should take the opportunity and ask the bank to renegotiate the purchase price at a deep discount? 

Here's another for you: https://www.greaterohio.org/blog/2024/1/10/new-census-number...check out the blue where ohio is growing and check out the red where it's not growing. why invest in counties that are shrinking?

Grab a cup of coffee and do a deep dive.https://www.stlouis-mo.gov/nst/documents/inforent.cfmI would also check to see if you are in an HOA and if they have any restrictions. 

This was a huge red flag for me. 

It may require a formal court petition.There are most likely heirs, you just didn't go deep enough with ancestry to determine who they are.