You are correct, local banks would go in and sit with them and go through rates and financing and understanding the payment.

Most investors have rose-colored-glasses when it comes to their neighborhood quality.

<<< Correct, that is exactly what I am referring THIS IS your tradeoff most of the time when using turnkey companies AND WILL CONTINUE to be your tradeoff even when using a realtor IF YOU DON'T VERIFY YOUR NUMBERS. 

Based on your description, it sounds as if you're asking about the City's housing authority, is that correct?

Not sure if this is the correct place to post this.  

Travis, you’re absolutely correct, and I truly appreciate your insight.

Quote from @John Friendas: Quote from @Chris Seveney: When buying at auction you will have zero ability to sue (and win) an auction site if information is not correct.  

@Chris Seveney is correct, security deposit claims only arise if the funds are not returned.

Of course a visit to the county records office and -correct reading of the legal description would reveal that the tennis court lot was the one being sold.  

If I read the story correctly, your client did not report rental income.