Tenants want to stay.

I assume Sheriff sales are a stay-away, given my lack of interest in buying a total disaster.

I recently stayed in @Garry C.'

Both properties currently have tenants that would like to stay.

One of our old roommates wanted to stay in the house, so they now rent the house for $1,700/month.

@Philip MullinaxDepending on the Tenancy Law in your jurisdiction, a transfer of ownership in the middle of an eviction may provide the tenant an opportunity to stay the eviction and compel you to recommence action once you are the owner.  

--Have the seller do some repairs/upgrades (new paint, counter tops, new fence, carpet, etc) and then make the purchase price $140k with seller paying closing costs - therefore the seller will recoup that money after closing and we don't have to do the upgrades and such ourselves. 

Based on feedback from other hosts I will probably add a TV in the living room and portable air conditioning in the bedroom this Spring.I am very careful not to allow long stays because I want families that are vacationing -- not homeless people who seek to establish residency. 

In case if the units stay unrented, the borrower should have enough cash reserve with him to pay Principal, interest, insurance and taxes for 6 months.

You KNOW you have to stay on top of this or you will blow WAY past it.