3-How can I approach a seller?

My approach reduces those "surprises" significantly.

It's a huge challenge and the projects will take awhile, but it's a fun game to play!

We need to explore additional approaches to prevent tens of thousands of unnecessary foreclosures in Arizona."

I assume we would get an offer, then approach them with the sales price and offer to pay a portion of the shortfall.

I do think you would be challenged to find any location where prices don't fall some.I really, really dislike the comparison between PITI and rent.

I personally would not do a deal like that, as my return is reduced dramatically and my cushion is absent.The income vs. value approach you mentioned is not only valid, but the exact reason for the dramatic bubble burst here in CA.

Approach is the key to the market right now, and either your realtor is lazy or sucks at his/her job.

Heard of Security Real Estate Services (aka Fairfield)...but before you approach them, do read about what they were alleged to have done in the Le Jardin development...

Being prepared is a good thing and considering where I live we tend to get ice storms in the winter, I do tend to stock up a bit as winter approaches.