There are 8 spots to park for 8 bedrooms.

She filed a not guilty plea, so the judge gave her a trial for the money, but evicted her on the spot by giving the landlord an immediate possession - Meaning in 72 hours she was removed but still has to go to court to over the money, which was the core of the case. 

Otherwise I have found you get way below Fair Market Value and are in a tough spot.

There are currently 20 spots filled at $150/month. (20 spots @ $150/month X 12 months = $36,000 income)Assuming 30% down at this price: $43,500Mortgage of $101,500 @ 4% for 20 years = $615/month or $7,380/year.Taxes/Insurance (assuming 0.5% tax) ~$2,000 year.$36,000 income - $9,380 tax/mortgage/insurance = $26,620.~61% cash on cash return.I know this does not include fees for collecting rent/marketing the property, but what am I missing here?

I borrow a friends RV and pay $550 a month for the RV spot in Houston.I want to downsize my living space, and maintain a presence in DFW although I work in Houston.In DFW, I am debating on 1) selling my home and buying something smaller or 2) keeping my home(good location) and turn it into a rental, and buy something  smaller with less upkeep.

Because you know they are in a tough spot, you can help keep them from losing the property altogether, while potentially getting a good deal for yourself. 

What about electronic signatures and video conferencing?

Then they essentially say "pull out your contract and lock up the property on the spot."

It depends on what the expectations are where you buy.The sweet spot for rentals for me is a home that is in a safe area, may not be the best, but isn't bad, where a family would feel comfortable and could become a long term tenant. 

Andrew,  I appreciate your spotting this article.