Several factors could explain why the homeownership rate remains relatively high.

I will explain below.Buying with tenants can be good or bad.

Ask the manager to explain their process for dealing with maintenance, late rent, evictions, turnover, etc.

I explained in the listing the property was under new management (with the same license #) and it has worked out just fine on both Airbnb and VRBO.

Very well explained.  

Explained to sellers + agent investor on 3-way call general hybrid deal process. they were open and interested.Terms they asked for:7-day inspection then quick close, bigger downpayment (asked for 100k), and PP of 725K.

We talked and she explained to me that the house was in foreclosure and that she had an auction date 20 or so days.

You can reach out to your local property tax people and they can explain it in more detail.  

I usually explain it like this, "I'm increasing your rent from $900 to $950 but if I listed it, a new tenant would pay $1000, so you're still getting a discount"3.

@Jay Samudio great advice from @Melanie P.Also, in our 24 years of experience, a tenant that has to get emergency relief typically ends up behind on rent again very soon.Be sure the tenant cooperates with providing documentation explaining why they fell behind and that the problem is highly unlikely to repeat.If they won't cooperate and state, "none of your business', then what does that tell you?