Those guys are very backed up right now.

With rents up right now, I would say anything under $795 is probably an area to avoid for 3/1's and anything under $925 for a 3/2. 

Will, you seem to be a calm, level headed guy and it looks from these posts that you are handling this pretty well given the circumstances...I would've blown a gasket and would probably be locked up right now.Sorry this stuff happened to you and I wish you luck getting it resolved.

. (#18 might have included a flip I did, who knows).Anyway, first investor ponied up right around $400k of money, which took me through most of this list, then I obtained a loan on properties #3 and #6 that allowed me to buy the last few on the list, putting my total cost at the $527k figure.My actual gross income on the properties is $11290/mo | $135,480 less whatever vacancy is.

Homes are suddenly about to be half-off and lose 50% of their value.Yes, we've had a bull market for a long time, and a correct may be done that slows things down a bit for a year or two, but then it'll speed right back up. Right

For readers of this post here is a discussion of what is required for legal recognized abandonment from, https://legal-dictionary.thefreedictionary.com/abandonmentElements of AbandonmentTwo things must occur for property to be abandoned: (1) an act by the owner that clearly shows that he or she has given up rights to the property; and (2) an intention that demonstrates that the owner has knowingly relinquished control over it.Some clear action must be taken to indicate that the owner no longer wants his or her property.

I think the concept of "Let's buy this home and fix it up over time" has been replaced by "Let's buy this home and fix it up right away" or "Let's just buy this home that's already fixed up." 

It is in today, I'm going to pick up right now and install ugh!

Even a loan can be taxable if the policy is not set up right.

But once set up right they've been pretty solid.