However, it is important to keep in mind that foreclosures can come with additional risks and challenges, such as property damage or outstanding liens. 

But,You have to prove you were damaged, how much the damage is and what you did to mitigate the damage. 

Wind, Flood, tornado, Hail, or third party damage or theftcan still occur.

His reputation for this became so well known in New York commercial real estate circles that he was able to buy great properties at bargain prices very quickly; before others had a chance to bid up the price.  

That street/area does not have a great reputation. 

I was thinking your floors should be last so they dont get damaged while all the work is getting done.

The bad reputation comes from OOS investors wanting $20k D market properties.

Most of the damage in NJ from the hurricane took place in south jersey.

In your case properties appear to be fairly low value already, which suggests low demand and the potential to damage property values by building mfh there.

I totally value and want a property manager to take the day-to-day management off my hands, but on issues with tenant damage and I would like to be kept up to date on matters, as well as have copies of all notices provided to the tenants for my own record keeping.