I explain they will have difficulty  Renting a quality unit, that I will ding their credit, that I will attempt to garnish their future income to recover what they owe.  

This is their 3rd attempt in recent years. 

I’m attempting mediation first then I’ll see what happens.

They also make those moisture meters, that I have had roofers use in my attics to attempt to trace back sources.As noted, in my market, if you have active leaks that you are aware of, they need to be disclosed when selling a property.  

We are on track on attempting to do the same thing the first quarter of next year.

I made offers to BRRRR and an attempted flip in Indianapolis - decided it was too difficult so bought move-in ready (which really wasn't after the inspections). 

You can attempt to raise from a 506c but it will cost you $25k to get started, then if you did get your first $100k  and you are paying them 10% and you are making 12%, - great you just made $2,000 and that is assuming you were able to fund an entire deal immediately and have zero holding or carrying costs. 

Thankfully I'm in Ohio which has actually added a chapter and language to the revised code in an attempt to prevent cities from implementing policies that institute rent control or rent stabilization in any form.

Quote from @Tchaka Owen: One thing I've realized over the years is to listed to what a politician proposes and attempt to extrapolate a realistic outcome.

Or do I just wait for it to go to foreclosure before attempting to buy it?