So the pundants saying rates will drop significantly and home prices will skyrocket - I am not an economist but I just do not see it.Cpi going higher with these rising gas cost 

The other considerations noted by other posters are valid, but when you weigh them against the high risk of extended vacancy, ending at the beginning of winter is to be avoided at all costs.  2 months of added vacancy is a 16.6% loss to annual income. 

CTBC debt is only wiped out in a foreclosure where the proceeds do not cover their loan amount, that loan is still valid. 

I suppose we could go back and fourth on the validity of your example of the rent / fight / murder, but for now the purpose of what I am saying here is if a customer isn't comfortable with the contract, their time is better spent moving on to a different PM than spending time and money trying to change their contract, cuz it ain't happening.

@Andrew G.,  as I was trying to convey, I cannot say whether this is a good investment or bad.  

As applied to 1031 exchanges, the most relevant exceptions that allow you to disregard FIRPTA include:You (the Buyer) are going to be using the property as your principal residence, and the fair market value is less than $300,000The Seller provides you with a Certificate of Non-Foreign Status (meaning that FIRPTA does not apply)If the foreign Seller obtains a FIRPTA Withholding Certificate by filing Form 8288-B.It is important to note that the foreign Seller cannot submit the Form 8288-B until there is a valid real estate contract.

Absolutely, you've got a valid concern about your personal address being out there for your LLC.

(suggested search term: "title abstractor [County] west virginia")Then, if all was clear with the seller's title to the property, a valid deed needs to be drawn up.

What utilities do you have...gas, electric, water?

If the market shifts and becomes a buyer's market, we will see sellers offering to pay both sides of the commission to entice buyers to purchase their properties.Both buyers and sellers can make valid arguments.