Even though it ended up being a lot more work than I anticipated, it worked out well. 

The units that are rented are fetching about 1200-1500 a month.Basically my question is....does anyone have experience with this court/foreclosure situation and what can I expect that I'm not already anticipating?

While most investors seem to expect the Fed to stop raising interest rates around the 3.5-4.5% range there is a lot of evidence (required financing for both federal deficit and national debt) that would indicate rates could raise much further than most people are anticipating.  

I cant speak to financial aspects, but I will say that if you invest wisely in a good property in a good area and rent to good tenants then time spent on site and in tenant interaction can be low.  

What type of rent are you anticipating from the other side? 

@Martha Codio A lot depends on you and how you interact with each other.I've been married over 39 years now and I can tell you that my wife is the single most important person in my life. 

They do a pretty good job of due diligence on a location and they invest a lot of money into their stores, so they don't anticipate a failure there, so they wouldn't go into it to begin with.IMPORTANT:  Does the lease allow them to cancel ANY TIME AFTER 5 years or just within a certain amount of time after the 5th year?

So glad I did because that kept me from running up my own credit cards. yes I think Jason Hartman had some interesting interaction with the owners of TLBC and based on that one would want to exercise caution to the extreme. 

Anticipated total rent for 3 units when I move out: $3,350.

Hello Everyone,My name is Michael Mehaffey and I am sort of new to Bigger Pockets I usually  use it as a reference but enjoy reading topics so I figured I would interact.