From everything I've heard and read-- I should not buy the best house on the block and I believe that's what this is.

There is a bank foreclosure on a block that we have several houses. 

This goes again to what kiyosaki is speaking of, he has the inside track and knows the answer will be bankruptcy and renegotiation of which pensions will be all but first on the chopping block. 

Bigger Pockets has blocked past posts I've attempted about meetups, so it's easier to PM you.

Hello BP Community, My business partner and I are currently under contract on a Triplex 1 block from the beach in the Panhandle of Florida.

The house is located in Durham NC about 3 blocks form where I'm living form.

Here are some additional thoughts:Cap rates change as granular as block level. 

A Realtor can be your eyes and ears and is looking at every single property coming on the market every day, knows each block, each building, what they need, how many times they’ve been re-listed, whats happening in town, possibly having pocket listings etc etc.

My employer has already told me that they will sign off on it so basically I'm at a road block with Nationwide.

You are then free to foreclose without the threat of yet another BK filing blocking the sale.One more point which may be obvious but your legal expenses for dealing with the BK are typically allowable to add to the loan as an advance.