Within a month he was working toward fixing his violations.Read the rules carefully because some HOAs do not allow non occupant owners to serve on the board and in my experience board service can be very important.

I would talk to the city and see what they can do, they may repossess the property as it is a danger to surrounding buildings and the public, they may even sell it for cheap to an investor, because if it is abandoned chances are that nobody is paying the property taxes either.

Rents are collected via social security and donations from non profits as these are elderly people, therefore the rent is paid timely- Thoughts?

We are renegotiating a lease with a Subway Restaurant Business and I was curious if there are any publications that discuss rent to gross sales percentages. 

And any loans need to be non-recourse. 

I am not aware of any lenders doing any 20% down payment options for non owner occupied quads.

I’m sure it’s public information.

If using a lender this is a non issue.

That said, there isn't a TON of inventory and most of what is available is typically in the 8-12 unit range in a higher risk area.As for neighborhoods, I'd prefer not to post too much publicly as the area is rather geographically large and it's hard to get to specific.

Sometimes you can also pay less down payment going through a hard money lender than a bank.Of course, all of this is assuming it's a non-owned occupied investment property.