Sorry for the delay in seeing this - I need to get notifications turned on.Springfield has a variety of areas for investing depending on your goals.

I think willing to pay for more modern updates/construction so that out of state maintenance is minimal.

But that assumes you have minimal equity within a LLC and you’ve operated the entity in a fashion that cannot be pierced.

I know that is a bit blunt…but really the only reasons.That being said, the reasons why it is fast and cheap are of course a bit more nuanced as I am sure you are aware, and the implications of those costs and time delays lead to an even more delicate conversation.

Make sure to spread out your investments in various asset types to minimize risk and secure financial security in the long run.

Then you have the choice of paying on the previous owners behalf (which will delay foreclosure until they realize there's been a title transfer).

The only issue we had with our last build (outside the normal issues associated with rehabs) was delayed time.

The most successful D class or 100% section 8 project I ever ran into was in Hattisburg MS. the original owner built about 20 little stand alone units  on the property and each was built with cinder block so very minimal sheetrock inside.. concrete floors throughout with drains in the middle ( kind of like you see bathrooms in Asia and other parts of the world . 

Then write up your own statement explaining it, to include the amount of rent income lost (or other expenses) due to the delays.

Most people do a Quit Claim Deed for $100, or for no value, minimal recording fee.