Some blocks are less desirable and some are very desirable, one mile could be a huge difference.

Buyers only have the unit inspected which is great but if the building is falling apart around them they're going to be exposed to special assessments and potentially damage to their unit (roof and exterior leaks).

Should the property become further damaged/vandalized After you have a contract, then perhaps, but not otherwise.

A few blocks one way or another can make a difference.

Like foundation work, mold damage, water damage and things like that.

Bought a 4/3 block house for $ 15,765,Went to the clerk's office and bought it,registered the deed, and called my Realtor.Drove toward the house, stopped at Home Depot and bought new locksets.Met Realtor at the house... drilled the locks for access, and as I was changing locks, she took pictures.

So I found this great HUD Owned large 3 story Victorian Col on corner double lot, one block from waterfront n view from 3rd floor with open and enclosed porches,  in the best part of town I grew up. 

Some good answers: Moved out of town, inherited a property, massive ____ damage, tenants ran out on me, etc. 

I have used Block & Associates with my (single family) units and they have been fantastic.I'd probably recommend Park Avenue Properties for such a large complex.

first some background:I'm buy a property with two duplex, one of them has structural damage and I am going to tear it down.