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.

Here in Buffalo, there are a lot of under 30k duplexes in depressed areas of the city.

New home developments are starting back up again, so their depressed economy may start to come back some.

In the market over the years since 2008 where investors have become an increasing percentage of the buying pool, the limitation of the number of renters has depressed the condo prices in the developments have restricted renters.Another phenomenon that has occurred is that condos have raised fees to build their reserve funds.The combination of renter limitations and increased condo fees have also suppressed sale prices in those developments.All is not lost as there are other sources of financing than FHA.