There are a few things we can count on in the world, two of them are false hope and foolish greed.I have just accepted the fact that we will be in the toilet for the next 24 months, and I would rather hang around the lid than swim in the bowl!!!

Seems like a lot of people at first just "get into" real estate because I think many (falsely) beleive that you will get fabulously wealthy in a short period of time.

I used the help of a skip tracer but the address turned out to be false.

And my problem is you cite your own "Tenant from Hell" and assume we all will experience the same fate, not just once, but over and over.IMO:Buying and relying upon appreciation is absurd as RE is cyclic. 

Some of my neighbors are also in their 70's which makes it very hard for them to continue this lifestyle.The management has been giving constant updates after updates but they're usually false hope and additional delays.

This will give you the opportunity to reduce your offer based on their own numbers even if they are false.

They are calling in false reports on properties so that they can try and get them cited.

The Smoky Mountains brings in an absurd amount of tourism.

Besides the 3 that I think highly of, the rest of the hucksters are bottom feeders who only have the skill set to sell properties based on false marketing and high pro forma's.

You could be paying thousands of dollars before you could even prove that it was not your fault or it was a false claim.As an example entitled tenants tying up the court systems I give you an ongoing battle of mine.