As a whole these units are very easy to manage and there are no issues with HVAC systems breaking down mid winter.If the units are 2 bedrooms or bigger then we do see an impact in the monthly rent we can get for the units if they have electric heat.

Did a record search and found no liens, however there was a lawsuit made by the owner against the lenders/debt collectors, that was ruled in favor of the defendants and closed.

Without the utilization of Reg D, the plaintiffs would have more chance of winning under various legal theories, attorneys are more willing to take their cases, cost of defending yourself is much greater, and outcome far less certain.

Follow the law and you should be in a legally defendable position.

Liability coverage can also help pay for the cost of defending you in a suit, if you are found to be at fault.

Wouldn't the PM legal representation be able to defend both of you rather easily?

Since the OP's first awareness of the three judgments was on receipt of the title search I suspected they were either not named or he didn't know to look at the docket for the Defendants or the pleadings to ensure they were properly served. 

I've actually defended BlackRock in my conversations with him.

I do see the statistics are not on our side though, like crime rate, poor education and more. 

what dose your gut tell you stick with what you know or take a chance, if you take the price of 240 after the repairs then you have a $80,000.00 window to break even the question is how much for repairs VS put under contract and monies you would make for that