Basically she comes up with new policies against landlords and the rest of the city council rubber stamps it.

Perhaps the appreciation starts to sputter - based on what I've seen over time, I have less concern about the bottom dropping out on values in my city.

Also I would suggest not to agree on the rock bottom price as we learned with potential buyer#2, that if something comes on inspection and you don’t have room the deal will fall trough.

Whenever you write a check it's on the bottom of your check anyway, so it's not really a secret.

There may be some thin margins but bottom line not worth the risk it if you are not already living here.

@James Channing if the grading includes moving soil away from the building because it is touching the sill plate (bottom of the exterior wall), then I would do the grading before the fumigation. 

The property is at the bottom of a very large slope, and drainage was a concern.

Very very few (like .000001%) will ever accurately pick a top or bottom in the market.

Seems unlogical to take a property that I paid for at the bottom of the market and then take the equity and buy at the top of the market, but if I can own multiple properties or do something else with it then maybe the higher debt amount doesn't matter? 

"Oh Hi Mike, we noticed that the bottom step was a different shade of grey while we were in this weekend, does your seller have the paint to make it match?""