Lower prices usually mean less attention to details, slower communication and most importantly additional fees.

You get rich from keeping real estate, not selling it.

Bob went to the extreme extent of actually using an alias of Bob Stevens instead of using his real name, Bob Prisco.We do not need to re-litigate the facts of his behavior and all of the other inconsistencies in his communications.

. ;-)  While I wait for delayed communication from them, I am looking for alternate management in the Canton area. 

They stop rent and communication.

It seems if you are far away from this property then it might be a good idea to consider hiring the services of an experienced property manager who really could provide ongoing communication during the whole stay.  

Quote from @Chris Rich: Depends on your approach - cash flow or appreciation.

This one purchase will not make you rich, your not buying Mar-la-go so don't give it so much importance.

Quote from @Rich Davis: Read the HUD guide.

The reality is the really rich have coastal properties and they're not going to accept nothing when it's wiped away even if they have hundreds of billions, there'll be recourse.