Their lease is 6 month term with a same rate month to month however, their insurance states the rebuild of their home and fire investigation efforts are going to take 12-18 months. 

Yeah- I have family in New Orleans so that's kindof why I was leaning towards it/investigating.

I had a long conversation with Equity Trust today, and I'm almost ready to move forward with them, but upon further investigation they seem to have some pretty negative reviews.

That will typically generate a response from the PM to negotiate a settlement and avoid an investigation.

The FBI’s Financial Crimes Unit investigates these matters for filing of charges on Equity Skimming violations.

Sometimes there are accounting errors, like duplicated charges, so it’s worth investigating.

Upon further investigation, I found several more properties under similar circumstances.At first glance, it seems possible that these properties were either gifted to the nursing home by former residents or claimed as repayment for services rendered.I’m new to real estate investing, I’ve been in the education phase for the past 2-3 years.

I am interested in acquiring a 10-acre lot with a house listed for $1.6M in a Houston suburb and would like to investigate financing options for building a commercial structure on the property.

In your situation, I might investigate further to see if their credit was better before these hurricanes.

The FBI is who investigates and goes after mortgage fraud.