@Roy @Roy MitleIf you have been investing or involved in real estate before and after the melt down that the economy suffered, then you know banks can change.  

Bank regulations simply would not allow FDIC-insured money to be invested in such a poor credit risk but the beneficiaries of the deceased man's mortgage deserved payment so they sold the non-performing mortgage to a Boise " Private Note Purchaser" for a small fraction of its face value because the heirs lived in a small community and did not want the infamy of being the ogres who would compound the misery of an unlucky family by seizing the home through foreclosure after the occupants had suffered the loss of their son to childhood disease.The Boise opportunist had no such inhibitions.  

Triple the rent for the same money and it's unlikely you'll suffer some catastrophe on all your properties at the same time.  

One source of cities to avoid is Neighborhood Scout's 100 most dangerous cities.Disaster Risk - Some parts of the country suffer frequent natural disasters.

There may be some local factors (nearby construction development or major change) influencing the owner to sell at a discount OR perhaps the owner has not been keeping up with capital improvements and the tenant base as suffered and therefore actual collections of rent have been impacted.

Suffering today in an effort to earn greater success and income for tomorrow so you can relax and feel secure at some future date is insane.

You suffered a loss to your property, they need to pay to remediate.

Note, even if insurance pays for all the damage your property suffers, you still lose.

I explained I have zero interest in suffering from a wet, blistered rear-end and battling bugs and exhaustion.

But I've found that I suffer in the search engines when posting the units.