Feel free to jump in the community here and also take advantage of the treasure of knowledge here.

I would suggest to go to some Real Estate Investor meet up here in town to get a better insight into the current market and to gain a wealth of knowledge as well.

Does it mean they'll stay? 

Feel free to jump in the community here and also take advantage of the treasure of knowledge here.

But, assuming the business model isn't inherently flawed, with the right amount of hard work, knowledge and working capital, you should be able to survive and even thrive.  

The smell of cat urine, and more-so, spray is near impossible to remove once it is embedded in the subfloor ... it's even more tenacious than dog urine.We bought a property where tenants and their farm had been for 9-years ... it was a complete gut job - even the concrete slab, under the subfloor had to be treated to remove the smell.Good thing your tenant is paying over market rent as they longer the felines stay, the more it's going to cost to be rent-ready for the next tenant.

Another reason for distressed land is because my local housing market is a heavy sellers' market (based on my limited real estate knowledge and after what I experienced purchasing my primary residence last year) so I'm trying to use the time while the market cools a little to invest in other opportunities.

Excited to join BP, after browsing for a couple of hours it is evident this site has a wealth of knowledge and expertise available. 

I find it to be a logical transfer of skills and knowledge, have you found that to be the case or has it been an equally challenging approach to investing?

@Venise Brooks, to the best of my knowledge, FHA-approved loans aren't just for first home Buyers.