Sure the asset class as a whole did better than many others, but there were plenty of locations that suffered.

When you do sub-to there is plenty of research to do to make sure that you are selling with clear title (except for the mortgage).

This is a rough neighborhood and I've also had several PM's decline my invitation to manage several properties we have in the area for that specific reason.

Add to this that they still have their Costco and/or other Wal Marts and can socialize with plenty other North American retirees so they can still feel at home.Your plan makes total sense.

This is assuming the property has plenty of equityWhatever you do you will need a very sophisticated attorney to draft up the agreement which will probably run you $1000+ if you want to do it right (if you need an attorney I have one)Also what state is this in and is it an owner occupied loan?

There are plenty of people who are boomers and tired of dealing with rentals, so if you're thinking of house hacking...

But it still leaves me questioning why someone making $6k/mo wants to move to what's essentially the hood when there are plenty of nicer and closer options available for not much more.

If you aren't able to find things online, you could certainly contact the specific building/inspections departments of the cities in which you're buying, and they can likely share pertinent information.Keep in mind, some cities don't even require TISH inspecitons at the time of sale, and most properties will have plenty of minor code violations regardless (I've seen numerous TISH reports miss things as easy as smoke detector requirements).I don't have any good ideas on the high-equity absentee owner lists - someone working full-time on the buying side would be better suited for that question.Good luck!

The cement floor was upheaved when we bought it there is a garage with plenty of storage so we just locked the shed and excluded it’s use from the lease.

At this point everyone is apprised of the federal level relief but there's plenty of money from generous donors and program in and around the Commonwealth.