I bought a few VA and FHA assumptions back then (late '80s, early 90s), and sold quite a few to investor acquaintances.Once the "big run" in Houston ended I surrendered my license.

I've found the owners names and they're in their late 60's, early 70s.

Pensions...usually yield < 2% on investment (been 2 a gas pump lately?...

There is still quite a dispairity between ROI for a rental unit but with supply dwindling and demand consistent single investment units are still good investments.Sorry this reply is six + months late :D

Second is late, third day eviction starts.

Until you pull there credit and relize they havent paid there mortgage in 120 days, have 30, 60, 90 day lates on there credit cards, tax liens, and collections from 1998.

Seven years in place, never late on the rent (not even once!).

But understand, OPM is all business and you should absolutely expect OPM to start the foreclosure process if you’re a 1 day late on an interest payment.

I'll finish my thought in the "seeking deals" forum.

It is almost paid off now, with never a late payment.