And I assume they're paying a PM to manage it as well.Granted these numbers probably aren't as bad as some of the #s from the boom period, but I was surprised that the buyer didn't at least try to negotiate more on the purchase price, especially since it was on the market as an REO for months.

I think there will be a boom in assisted living units as baby boomers grow older (a recent topic of "Adult Homes" lol).

These factors all work to drive price way, way, down.. especially in areas particularly susceptible to boom/bust cycles (see CA,NV,AZ,FL).The majority of the problem in this "mini-boom" is again supply, except this time it is the artificially LOW supply of homes.

Big movements all over the place with people jumping into the "hot sector" with our want it now society.Before the dot com boom of the late 90's / early 2000's a 150-200 point swing in the dow wasn't a common occurrence.

It can take the tax assessor/collector months to update a tax mailing address, so those records aren't the best indicator of current ownership You'll need to learn how to look up property docs in your county so you can see what kind of liens and notices, etc have been recorded.

If that occurs, I'd suggest a borrower to look elsewhere.For most of the upfront fee collectors there is very little transparency.

Wyoming is a boom/bust state but we are away from the worst of the boom/bust areas.

Once again, it reminds me of the internet boom days where people were bragging about how much money everyone was making by throwing a dart at the stock listings, and we know how that turned out.

I've read some posts about turning things over to a debt collector.

For me it is all the same really- though I would lean to asphalt. 4) Where to invest- I will say- stay away from trendy or 'boom' areas.