I could get one now- but my real estate goals will suffer for a decade.

DP: There are a few key issues or gaps here.First, a landlord policy carries what’s called “premise liability,” which covers bodily injury at the premise only.It does not extend beyond the premise.

@Richard MorenoThose properties are good; however, you will have to make sure your margins fit the holding period, which will be extended due to the eviction process.

Even though I have owned a house for adopt 32 years we never really suffered like the rest of the country has.  

If you can't for whatever reason, you risk foreclosure or paying more fees to extend if your lender offers it.

A little work netted her 30K in cash and 22K in available credit on her cards, most of which was interest free for an extended period of time.

SEC 8 tenants want to live in the neighborhood where their extended family lives, which generally trumps it being in a bad neighborhood if they don't have their own transportation.  

You would want a lawyer to review title to make sure there are no issues there, you would want a good inspector to make sure there are no structural or mechanical/electrical issues, the typical stuff for a residential purchase, but maybe go the extra mile since you are unfamiliar with the area and not there for an extended period of time to keep an eye on it yourself.

My issue has been mainly turnover, extended vacancy, missed payments, evictions, and tons of maintenance. 

If you want to do that, sign an amendment to the contract to extend the closing date.