So it was a somewhat selfish experience.However, we avoid the dinner meetings where they have speakers & 20 people show up.The last guy was an offshore Cayman rep.

At times there are struggles with tenants to pay their minor portion, which can lead to eviction if they don't pay it, but, often times the tenant believes/gambles that the landlord will not pursue that route.On the other hand one should not paint all people living in a bad neighborhood with a broad brush as being destructive.

you can gamble and send a default notice.

Every day was a gamble, maybe it would be fine, maybe I'd get shot, maybe I'd throw someone out a 3rd story window, who-knew, every day was an adventure. 

Thats not something Im willing to gamble with.I really do appreciate the input!

However, I am thinking the gamble may be worth it.

Speculation is basically gambling that you chose correctly.

Everyone advised me back then to lock in the low rate for 30 years but I didn't expect to stay in that place for 30 years so I took the gamble.

This might not provide 40%-50% annual returns that some might try and promise you but the risk-adjusted returns you could achieve by doing this would far exceed the gamble of betting on one 1 or 2 fix-and-flips or making a couple hard money loans.

You could gamble and aim higher like A/B+ class but those properties are at least $170-200K asking in Indianapolis.