I am truly lost!!  

Many markets lost 40%.

The landlord took me to court and I lost in court because the landlord knew the judge on a personal basis.

And while inflation will hurt consumers and may push people on the edge into eviction, that will not be happening en masse any time soon.Most tenants who lost their jobs during the pandemic have found new ones.

There is so much data online that I tend to get lost on what to base my predictions on.

If it is less that 10% of your investable capital and you would not be destroyed if you lost your entire investment then it might make sense.

Did they get foreclosed and everyone lost their equity, did they have to do a capital call, did they break even, miss on returns but still make money, how much did they miss by?

You said you are closing on a new property, so for example if the loan on that is 5% and your old property is 4%, you just lost 1%.Just some food for thought.

Of course if rent is not paid eviction should follow, but if 30 mins of online research points the tenant in a direction that saves the landlord $XXXX in eviction costs, $XXX in lost rent, and the aggravation of going through eviction...well that seems like a pretty good return on my time to me.

If the owner(s) recklessly borrowed and lost money, made business deals knowing the business couldn't pay the invoices, or otherwise acted recklessly or dishonestly, a court could find financial fraud was perpetrated and that the limited liability protection shouldn't apply.https://www.nolo.com/legal-encyclopedia/personal-liability-piercing-corporate-veil-33006.html