The demand for housing was and still is being artificially inflated because lenders were loaning money to people who had no business getting those loans.

When the lenders were loaning money to anybody and their dog, it massively and artificially increased demand, which massively and artificially increased prices.

4-unit dealPurchase Price $105,000Unit 1: 425 2/1Unit 2: 400 2/1Unit 3: 375 1/1Unit 4: 475 1/1Monthly Tot Rent: $1,675 OwnExp: Insurance, Lawn, Maintenance, Taxes Year Built: 1920 ALL UNITS HAVE BEEN COMPLETELY REDONE.

May also have expenses like lawn mowing or snow removal or similar things.When you sell, figure 8% of the sales price for closing costs plus commissions.

Taking care of lawn in optional.

All the terms (except for their fee) are usually negotiable.It's also nice to only have to mow one lawn as opposed to 20.

Taxes, insurance, utilities, lawn care, maintenance (other than your rehab).

I had no problems at all with it.I did sence that after they knew I was living across the street that they seemed topay attention to keeping the lawn mowed and kept it nice, I don'tknow if that was just them or if they felt like the owner was always watching.....but they were neighborly.If it's a good deal, buy it!!!

Somewhere around 45K was just fee's of some kind, be it closing costs, staging, property taxes, utilities, lawn maintenance, on and on.

Should I have paid, probably not but it one less thing to worry about.Exterior damage was done months back, rocks shot from a friends lawn mower doing me a favor.