Looks like it's got the tail tale signs of a foreclosure?

Then, when you spend the money, you wont feel jipped.it is a wives tail that you cant be landlocked  I know in CA. you can.. 

But I flip the script on them I want to get to the owner to see if I can help them build their business by whole-tailing I have gotten a few of my best clients this way.. its funny they call me and I end up turning them into REAL owners and investors.I think the main disservice that is promulgated is the folks that buy this dream and spend what little capital they have on this model only to spend it all and then were are they.

@Michael Swan  sounds like you have a plan... what most west coast folks just need to be cognizant of is mid west rentals are NOT west coast.. and one can get sucked into thinking a 10 cap is as easy to run as your 4 cap .. and many have broken their picks and come home with their tails between their legs.. one must be very careful picking MF in those markets... of course there are great properties but there are areas an properties that are simply almost impossible to make work and they are constantly changing hands once the owner figures out rents are near impossble to collect on a consisitant basis or that CAP EX murders them..

Maybe they'll not be back next year after losing their tail this year.

Perhaps you're not familiar with this tactic and how it can bite you in the tail end real quick.

One of Napoleon Hill's success principals is "Accurate Thinking" or what I call: 'lifting up the horse's tail and looking at it right in the eye.'

Be careful to never let the tax tail wag the investment dog.

Finally, I have had the 10 year balloon bite me in the tail...

Sounds like the tail is wagging the dog here!