Be sure to google the property address, I have come across sex offender tenants and news of big-time police drug raids by doing that.

I have seen swat teams raid neighboring units managed by slum lords who didn't screen tenants, I have dealt with abusive boyfriends putting my tenant in the hospital, broken down cars (which leads to them missing work because they can't afford to fix the car, which then leads to them loosing their job and then getting behind on rent), being threatened with a gun (guy lifted up his shirt showing me the gun in his belt), to countless sob stories. 

The police raided the apartment early in the morning on a Saturday.

There were several drug raids .

It didn't appear to be a SWAT raid or anything that serious judging from the picture.

The three bidders later had their offices raided by the FBI.

So When the FBI Raids the Bank That Has the REO?

Said company was none other than Taylor Bean & Whitaker, whom, if you don't know were unceremoniously raided by the FBI, indicted and finally jailed in April.So, after even with a very cooperative title company, I finally ended up at HUD who then sent me to their asset management company, and the final guy said, "I'm sorry, but I have nothing to tell you, we don't have any record of the property."

I'm buying at a significant discount compared to current rental value, and even if rents dropped 50%+, I could cover the payments without raiding my personal bank account.

Your story resonated with me, as I am a young and new investor in NJ who is just finishing up a few months of "research mode", raiding my local library and slowly trying to sift through the ~300 awesome BP podcast episodes for nuggets of wisdom.