•All minor maintenance is delegated to the tenant/buyer, decreasing operating costs.

Detroit has many whole blocks of housing that have been razed due to the decreasing population.

Looks like I will have my work cut out for me as I am a freelance musician and I took decrease in earned wages this past year when I moved states.Are there other avenues of getting capital that would be better suited for my situation?

I don’t know if the supply of these has increased or decreased due to bank manipulation, but I do know that the number or rehabbers (wannabe’s and experienced) has skyrocketed.Every local REI club I attend is packed with those either looking for deals or selling questionable properties at inflated values.

This would not be offered if the net proceeds from the property on a foreclosed sale would be more than the net present value of the new note. the target will be 31% of gross income.So to begin with you need to determine if the mortgage is more than 31% of gross income then determine if the owner has an acceptable hardship, decrease in income , medical bills etc.need to move would not qualify for modification hardship but would qualify for consideration of a short sale, (same documentation and paper work) .

Too many investors got caught with flips or loan collateral that rapidly decreased in value during our RE crash.

Is that a conservative estimate and is there some upside potential to decreasing expenses (for instance, adding a RUBBS system).Next, 12% return where I have to self-manage is too low for my tastes.

Tod R. chimed in saying the apps needed to help tenants save money on neighborhood services or help owner make additional income.Joshua Dorkin found a nice vid to go with my suggestion of a huge iPad wall that could slide between units to create or decrease functionality for a price.

As the government continues to print more money - inflation will be going up and your buying power will decrease.

With rates continuing to decrease, I'm also looking to close a couple of refinances on several free and clear properties.Rich