Always be in the driver seat and not just along for the ride.

As i was riding, i was trying to figure out what i was going to say and visualize my steps but as i knocked on the first door no one answer.

Not wanting to morph this thread into underwriting standards and criteria!  

Location needs to ideally be within walking or a 4 or 5 minute quick car ride to campus.  

If anyone in Philadelphia is looking to ride out to Horsham for the DIG general meeting.

http://www.zonerichmond.com/welcome.htmlImagine what will happen to home prices when folks in SF realize they can have a 15 min ride from Richmond to downtown SF and live in a beautiful condo on the water for 1/3 of the price of SF.  

Ultimately if they say no then there's basically nothing he can do but ride it out.

One, how aggressive you are about serving the pay or quit notices and get the eviction filed, versus riding it out to see what happens.  

The Big question in my mind is will this be another big "R" as in Recession or a Big "D" Essentially by becoming liquid, renting for a while, being patient and buying on the Market DIP you are able to again RIDE the wave up when the market rebounds which it will in the SF Bay area again in the next UP cycle. 

As long as you buy smart and don't over leverage (like a lot of people are doing here) you'll ride it out.