I am sorry you got burned by a bad resident. 

I have been burned in Charleston Co SC and Folly Beach SC by changes in the STR laws after purchasing so obviously I’m very nervous to have this happen again.

It's abiut touch and convenience = instant gratification and satisfaction.

I can quote from over 100 lenders instantly, but usually only work with fewer than 30 in a given year.

Multifamily is incredibly complex and if you don't understand the metrics or calculations behind it, you're going to get burned. if you're just plugging numbers in until it "goes green", you are either going to miss out on deals or buy something you shouldn't. 

IF it was not on an auction site none of the information would be known unless you do your own research. they could say its a 3bed 2 bath home and you go buy and its burned down (seen that before). 100% is on the person bidding at auction.

Burn em.

The major fires that burned hundreds of homes in Redding, and over a thousand in Paradise put a huge demand on  housing.

I view it as instant leverage.  

One of them caused an electrical fire and burned out an outlet.