It is a Depression-Era, 1930 single family home with Art Deco design elements located about a block from the city's rejuvenated downtown area, where there are shops and restaurants, and across the street from The Siloam Springs Museum.

If you started studying since the change in the millenium, the last major depression was a mortgage crisis literally derived from this.One "catch" that people don't understand is the difference between who owns the Note/loan and who does the servicing. 

I was struggling with depression, anxiety, and undiagnosed ADHD.

Every since the last depression, mortgage lenders have taken over and the deposit banks are only originating something like a third of what they used I believe is the statistic.As far as loan products, yes your "average" lender may not do well for you if you want a new construction loan... 

I bought them because it was a depressed market and I was buying them CASH and they would cashflow well.

In those days, the neighborhood was depressed and high crime.

Some people are scammers, some are disorganized, lazy or suffer from mental disorders where they get frozen and do nothing.

@Brian Garlington I just reviewed a lease with the clause permitted reasons for eviction “such as non-payment of rent, breach of lease, damaging premises, drug or other illegal activity, disorderly conduct, rehabilitation of unit, landlord or relative occupancy.”In speaking with an agent he too was under the impression a buyer (landlord) could move into the unit they were purchasing, so I’m wondering if there were 4 owners could they all 4 move into a 4-plex and effectively require the tenants (on month to month leases) to move out?

CA pretty hard     4. 2008 the mother of all of them since the great depression the GFC which was global.When I think back on these events the market did not bounce back like a rubber band it took years to slowly move out of those markets and get to new all time highs.. 

Homeowners generally resist lower prices as much as they can, even if that means waiting for a better market.Because of that home prices are also quite resillient to economic depressions; you you look at the last 6 only 2008 has brought a decrese in home values - and that was a special situation.