Poorly built, poorly maintained, but free housing.

Mistakes are inevitable in real estate, whether it’s a missed repair in underwriting, a contractor who walks off with a deposit, or poorly executed work.

They were poor because they were taught to be poor.

@Christian Welch  I would just add that underdeveloped or poorly maintained communities are not uniform in risk across the community.

New Orleans, LAthere's Tulane university and 2 large health systems owning several hospitals across the city (Ochsner and LCMC). 

Quote from @Michael Wells: Hey everyone,My name’s Michael, and I’m an independent health insurance agent currently pivoting into real estate investing full-time.

For less active income (some would refer to as "passive income"), without a job, you're going to need to get a dscr loan but you'll also need to have a balance sheet to take the property down meaning you're probably going to need to partner.I would also try to see if you can improve your health issues before you start this new venture.

“unrelated to the various bugs, the search function would be poor for 2005

The family member has held the buildings for decades and managed on his own, but he is 80 years old with health declining and cannot properly manage them anymore.

A co-worker (at the time) and a close friend EACH recommended Rich Dad Poor Dad.