Safety/Crime - People and businesses will not move to cities perceived as unsafe.

A conventional lender isn't likely to loan on that kind of a deal as it's not arm's length.

Some folks like these properties in these areas cause many steer clear of them for the risk of high turnover, low low appreciation (if any), safety, and lack of property management options.sorry I didn’t address your actual question.

@Quadeer Porter you've got the seller in a tough spot given you uncovered a safety hazard severe enough that the property needs to be evacuated. 

Thank you Chris for the advice these are all very good points a few of which I had already been considering as I feel that it is always best to arm yourself with as much information as possible before making a decision

Very few issues considering the number of pets we have, easy to take care of and the tenants were happy to pay for it.A 5 year old armed with creyons can be way more destructive than a pet. 

I opened up a HELOC on my primary residence as a safety net.

They were loyal tenants to the previous owner primarily because of an arms length connection they had with each other which in turn resulted in below fair market value rent.

In today’s market, safety should be an increasingly popular attribute.BTW, anyone quoting cash on cash return with a sale and without a sale is incorrectly applying the cash on cash return formula at best, or misleading you at worst.

Check for typical safety issues handrails, broken steps etc.