Same women different dress...Perhaps try to find local investors group to join.

Usually these are either properties in war zones or with some serious issues (rent control, structural damage, bad tenant profile). 

Additional benefits would be no need for chimneys and no chance of CO poisoning, less chance of environmental damage from oil tanks, and less ongoing maintenance.  

Good morning,I have a complex situation that is very strange.I closed on a property in Alabama (I am the buyer) in February and the money is still in Escrow at the attorney.The reason for this is "apparently" after the tornado the property was damaged.

After sending the security deposit with deductions for: holes in walls for TV mont, paint cost for kid writing on the wall, damage door knobs and damage to the flat kitchen drawer the tenant wants his full security deposit back stating because he was living there before I brought property and because the damage were already there.

This past week, the basement became partially flooded, damaging family stuff I had stored down there and building products we had left over.

You typically don't have the opportunity to inspect them prior to purchase, the occupants may not leave, the occupants may trash the place and steal doors, appliances, and cabinets on their way out, or you may discover it's so damaged it needs to be torn down.

I can definitely pay the mortgage on my own if the unit is vacant, but what about expenses like having to evict tenants, got to court, fix damages to the property etc.

You will not get any notifications when someone is there doing damage or breaking in but you can replay the footage after the fact if they dont steal the computer or NVR.I use Digital watchdog cameras and software.

So my tenants are moving after paying on time for 6 years . However, after they came back from a months vacation last week , they informed me the roof leaked into the walls and the wall panels are falling down from mo...