The previous owner had a signed lease with the following agreement of:1“In the event of a foreclosure, sale, or transfer of Premises…This lease shall remain in full force and effect, and Tenant’s rights and obligations hereunder shall not be disturbed or modified, except as provided in this Lease.”I want to know if it possible to modify/change these terms?

Instead of crying to BP.

Seven of them are performing well, while three have been more challenging given the recent market shifts. 

Otherwise Be prepared for up to a few months of no rent and an introduction to the eviction system in your market.

Of course don't buy whatever.

Waste of time.

I was thinking of selling it.

I did a couple DSCR loans in September with purchase prices of 75k and 70k.

Over 25% of real estate investors buy outside their home state, and I was one of them.

Start by pulling recent sales, estimating ARVs based on condition, layout, and finishes, and then compare them to actual sale prices to sharpen your eye.Also worth noting: many local investors start building cash flow by looking out-of-state places where entry costs are lower and rents make more sense.