As Baron Rothschild says "when there's blood in the streets, buy!" 

Just an old RE investor and entrepreneur that can smell blood in the water, just like you.

Like they say when there is blood in the streets.  

Just my two cents, I want to buy when their is “blood in the streets.”

The lease may also include charges for non-emergency issues (changing a light bulb for example).The risk of this is that tenants may not report repair issues they have caused until there is greater damage to your property.Some landlords require that all repair issues that don't involve fire, floor or blood MUST be provided in writing (NOT phone calls, NOT texts) and will be handled in the order they are received.    

It took two years to become cash flow positive on that property, and there was ample blood, plenty of sweat, and no shortage of tears.

I'm reminded of the "can't get blood out of a turnip" expression.

Nobody could sell anything and lots of blood in the streets.  

Heck, it's my life blood of managing simple projects that I can share with my staff.

I spoke w/ them last night and discovered that they have 2 adults and 3 children (ages 8, 4, and 1) and 2 dogs living in a 2bd 1 ba.... their existing lease didn't specify the dog breed... but she answered honestly and told me that one was an American Stafford pit bull (terrier)... i.e. it's not a dangerous dog, but comes from the pit bull blood line and insurance companies still ban it, so I told her this would be a problem.