I can make an argument for high inflation or for deflation (negative inflation, a much worse situation that it would seem.)For example, my assessment is that Denver prices are still about 15% ahead of where they would be if purely driven by inflation.

That's pure luck.

The fact that the duplex I'm in now will show decent positive cash flow once I rent both sides happens to be pure luck!

My 120k/50k example was purely hypothetical (basically I was making the point that if there was a business that a would give such a good return... it would be worth taking a hit on the withdrawal of the IRA monies).I've just realized that RE or any other investment will never give me the returns that a successful business that I own would.

The Awesomeness definitely has contributed to the problems, but the goal is to have pure awesomeness without any downtime.

Since it's in a light commercial zoned area, maybe the units could also be converted into pure office space which may yield better.

You're getting $3,660 pure income flowthrough per year on $15,000 outlay, or 24.4% IRR. 

For the most part it doesn't matter and is purely a numbers game, but you will probably have less competition if you avoid the absentee owner lists as that is seemingly everyone's first stop.

Your offer is no money down, and pure principal.  

We are buying purely for cash flow.