That town that we lived in is turning into a ghost town on top of that area still being a depressed market.

Most of the pricing in the city itself is fairly depressed.

Assuming the property cash flows, with rents higher in most areas because of a depressed retail market, I can use that extra money to pay down the 15 or 30 year notes quicker.

The depression from my bank balance as of the 30th of the previous month goes away ;)

& they would be the type of buyers we are glad to sell to...In my depressed, high taxed area I only LTO SFH & get @ least 10%-12% return.Admittedly if I take it back & do a rehab it drops for awhile.

In the severely depressed markets mentioned in recent articles the home price recovery, institutional asset managers have been buying-up the available inventory of single family homes 'in-bulk' hoping to succeed in the unproven institutional single family home 'REO-to-Rent Strategy'.

I was starting to get a little depressed about these reverse mortgage deals.

The housing market is cyclical, so there will always be periods of expansion followed by periods of depression (and a continuous repeating cycle).

We need to get our depressed, unemployed construction workers back to work.

That said, though mine and my wife's work eats a huge amount of our time and will no doubt somewhat depress our learning curve, it does provide us funds to embark on this venture, just proving the good comes right along with the not quite so good.As a bit of background, an amusing (somewhat) anecdote: our current house, our first, may become our first flip.