It’s common on the commercial but with all the changes coming up this will be the new normal for residential.

Zoning issue in a particular city, someone has an in.  

. - way too may issues renting, updates, policies, rules, repairs etc.

As long as tenants know beforehand there is no dishwasher, it might not be as much of an issue as you think. 

Section 8 can be reliable in that you are mostly paid not by the tenant and on time, but they come, most of the time, with more tenant issues and low appreciation.

Hi Eyong, I would imagine the tenants won't have an issue signing a yearly lease.

Has anyone else run into this issue? 

I wouldn't see an issue with this one, as long as there is a clean title should be a pretty simple process.

I don't think investors understand that in many foreclosure situations they are going to lose interest for sure and principal ( very common). the thought that 20 or 25% equity is enough coverage to alleviate a loss does not play out very often in a foreclosure situation.

I spoke with real estate and property management professionals about it and they recommended not providing it due to maintenance issues.