Might be a long shot but I would provide as much info as possible on this site and there are many smart people here who may have a creative idea

Is it a smart move in general, to be buying the lines someone else doesn't want anymore ?

I am smart enough to know that there are implications because it is going from one owner to another.

I am in the research/education phase and trying not to make a move until I have a smart educated move.  

I had a great administrative assistant, smart as a whip, who worked for me full time for several years in a different industry.

I know there has to be a reason;  they've been smart enough to make the kind of profits they make in any market for thousands of years, why can't they come up with a faster way to cut losses quickly and dump properties to ready and willing buyers?  

Still, no matter where you invest, you need to be smart.

But I know the guy at the SEC who is in charge of writing the rules and can say he's smart as hell, understands what needs to be done, is very reasonable, is small-business-friendly and wants to get this as "right" as possible within the constraints of the JOBS Act and the internal political reality of placating hostile interests.

Is it a smart buy?

Considering they seem to be the only type of home in my price range, just curious if this is a smart investment instead of renting?