What I discovered was this, and it makes perfect sense.

Perhaps, she may not have been entirely truthful about her present circumstances to the section 8 office and when this was discovered they basically said, there was a mistake made, we can only give a two bedroom voucher payment amount.  

I know insurance would hopefully help rebuild, but the loss in revenue for what would be 2+ years would be tough to handle.We bought that place before I discovered BP so I might've handled the purchase differently now that I'm more knowledgeable about planning for capex, etc. 

When I see an investment LLC as the owner I wonder if they bought the house and ran out of money, or they discovered something about it they weren’t prepared to deal with.

@Justin Tomsic I spent 1 month researching HELOC lenders and I discovered many questions I never thought of at the beginning, such as:is there an option to lock the rate for a draw?

You have discovered a model that works for you; do it again.  

I've also discovered from more landlords I've contacted that Valley St is much further from campus than I originally thought.

I went to look at the properties today to make sure they were in good condition and discovered one had burned down.

Personally, I like Warren Buffett's saying about risk tolerance "Only when the tide goes out do you discover who's been swimming naked". 

The 2nd one was discovered because a city technician came on and turned on the 2nd meter when a new tenant moved in.