I just realized I did my mental math totally wrong, well at least one decimal point off, and the 1% wouldnt eat up too much profit at all! 

Yep, that's 6 places past the decimal point.

Unless someone did the math wrong or missed a decimal point, that's really bad and you're way underwater. 

Originally posted by @Linda Lovely:A long nusrsing home stay has decimated many a legacy. 

But, let the amateurs think real estate investing analysis is as simple as moving the decimal point a few places to the left.I would not set a goal to purchase a property by the end of the year.

Those who started in 2006-2007 in the Raleigh area were decimated.

Hurricane Florence caused slight damage to my property and decimated the supply of homes in the area.

Some areas have held up pretty well but it's tough to say if that will continue when there are some really good deals in other areas that have been decimated in value.Also a couple of communities seem to have taken a recent hit in value with the uncertainty of once proposed area entertainment and shopping centers of ever being built...For Investment purposes, there are areas in Las Vegas that easily cash flow.However, the job market is not that good and the tourism numbers are showing no signs of improvement.

In light of the recent and severe budget cuts to the Education Field in addition to the gradual decimation of school and public libraries, I am requesting a rent reduction of 5% as of July 1, 2010.

Specifically, the large number of boomers who are nearing retirement and have had their portfolios decimated by the crash, and therefore don't have as much spending money as they did.