Saw a handful in my area that are not owned by larger players and was interested if approaching these owners to buy their leases would be worthwhile or if I'm missing something.

Maybe this approach could work for you?

The numbers they reported for 2019 are healthy and the owners have not been reported numbers 2020.

Not sure how to approach this situation, and can't perform my due diligence since I'm pretty much blind on the market in this small town.

We have such a healthy market normally and thats on top of the crazy influx of investors this year.I started with MLS, picked up 2 off auction, and now will probably be spending most of my time with off-market deals.My future goals are to connect with a multifamily broker to acquire some 2-4 unit rehabs. 

Fortunately for you, a lot of inexpensive, up-and-coming neighborhoods are in close proximity to downtown LA.Also, on the finances, it's important to approach an LA househack with the right expectations.

Cookie cutter is the best approach.

BE VERY CAREFUL of anyone approaching you on social media.. these are very tough loans. 

I suppose you can take a similar approach, this is not an exact science. 

Hi all, what would you do in a situation where an owner is financing a property and the owner’s health is spiraling down hill?