Others, where owners don’t have or are under insured, or where they lose the desire, will never fully recover.

Our desire is that we provided a place that you will look forward to coming back to.

Make 4 lots and sell for $100,000 each, depends on the nature/desirability of your land. 

Is it at a desirable level?

Right market for me, deal size not too small, class desired, business plan and assumptions, payout structure, fees, financing, operator that is seasoned and sees LPs as more than ATM, etc."

Most will have no desire to improve their situation.

Might an accidental landlord be sour on rental properties because he/she had no say - and possible no desire - in acquiring them?

@Matthew Richey, given your stated lower comp figures and its lousy street appeal, and your desire to buy right, and often, I'm wondering WHY you even went up to $290k!?

I have a few pairs of boots on the ground in my desired market, all in the form of family and acquaintances who can scout properties in which I'm interested, and I've got a small team of pros coming together as well, but of course the communications barriers are a pain. 

@Rachel Leonard had a good point about the types of tenants that seem to be desiring that type of arrangement.