I also know the owners really don't have the time needed to fix it up and rent it out due to health problems of one of the owners.

But in the midst of it, I lost 3 months of rent, and a lot of time from being stressed about this whole situation.Now I am scared to get into multi-family.

I'm in Michigan and have looked at buying sheriff's deeds, but one thing that's scared me off is it's not clear whether I have any CFPB/other obligations under federal or state law to disclose anything to the "homeowner".

If it is so old and rundown that it causes a health or safety hazard, you would have an argument, but if it just looks outdated you likely have no leg to stand on, legally, since you rent a property in as-is condition.

As it is I could have done without the multiple scares AND the flat-out faked pregnancy.

$18,934.52 in 24 days.I'm scared to ask my acquisitions manager Noah for another check pic... 

Depends on the deductions.I had several MF's and some years back before ObamaCare, when I quit my corporate job, I bought my own health insurance , about $1,500/month which I couldn't deduct.

The neighborhood mAtters and so if your scared or anxious to go to the property then don’t invest there .

@Ronald Starusnak.. such a good point; in fact one of my bigger fears is to scare away a good tenant while at the same time protecting my investment.

I have Life/Health insurance licenses.My ultimate goal is to have more time for my family by leaving the 9-5.