The economy was in the dumps, nobody was building anything and I imagine that they had a bunch of inspectors sitting around twiddling their thumbs and wondering when the big layoff would happen.  

That means there are mass layoffs every few months.So, i was reading a few months ago and started getting excited about RE investing and the possibilities it could bring.

I'm guessing this leasing tact is the developer activity you mention.Sorry, I'm not familiar with condo. prices in the area, but it should go without saying that the housing market here is as bad as elsewhere -- and layoffs at the major employers (Micron and HP) are bringing more homes to the market.I realize my interest in this is entirely different from those of you that have invested in this project, and might loose large sums of money -- I'm deeply sympathetic.

It can be deadly, to your profits.First start researching what might be out there in the form of deals, with your long layoff this will take a few months.

But, it would seem like rates for decent borrowers would fall.I do wonder if banks will raise price expectations of both short sales and REOs in order to justify higher prices for those bad debts they're going to lay off on us.

I LOVE military renters - guaranteed income (no lay-offs in the military!)

I think you should lay off the coffee.

Had to move due to layoff in 2009 from Jacksonville.

One city near me had a decision to make when new construction slowed down - lay off inspectors or start inspecting rentals.

One thing I've come across is the following link:http://www.financialsamurai.com/2012/07/10/how-to-engineer-your-layoff-make-a-small-fortune-by-saying-goodbye/Instead of waiting, it may be prudent to preempt the process.