Either they overpay or don't negotiate the right terms, or miss something major. 

I think the only intelligent alternative to the above is if they organize together, get attorney, and take legal actions to press that they are now majority share holders and execute a take-over.     

If you’re an investor who believes that if a deal over performs they should keep a majority of those profits, attend one of our webinars next week for a 440 unit deal we are closing on in 3 weeks with a 22% IRR and 3.1x equity multiple.

You guys could also use the media to let tenants know California landlords are organizing a database of non-payers with no landlord provided written evidence of hardship to help everyone screen future tenants...and do it.

Nicholas L deserves a major shout out in regards to looking out for others too.

I know I am really condensing ALOT of things….but if you guys could help give 3 major pointers in the pre foreclosure and foreclosure part  on this for someone who HAS real estate already (I have a condo in Mexico).

The right property manager will take up majority of the workload for managing tenants / maintenance and everything else. 

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

Seems like when some of these sell, they need major capex. 

You may also want to check the Columbus OH market - great macroeconomics with lots of job and population growth along with major companies developing here that drive strong rental demand.