I don't have a ton to contribute at this point, but I believe strongly in "giving what you can" so here's a question that I was asked a lot as a newbie investor that has helped point me in a healthy direction:What is your "Why" for real estate investing?

We have similar situations here in Oregon... people paying 250k for a foreclosure to make 10k or sometimes nothing.. or just buying it to hold for rental and appreciation. what your describing I would say is more of a normal foreclosure market in a market that is healthy and good for homeowners... not necessarily bottom feeders like we all are..

In either case, I believe transparency is warranted and maintence receipts would help in understanding what is being done to the building to keep it staying maintained and healthy. 

@Mark JonesHey Mark, with your current situation, I would strongly advise that you build a healthy cash pool before moving on to your next property purchase.

The banks in past years weren't healthy in the last downturn and now that they have made new stricter underwriting loans they are looking to move the crud off the books.Your dad could tell the banker " Thanks and I appreciate you reaching out to me concerning this loan.

More like educated, older money, educated new money, investors, outdoors people, healthy and on the go.

I also see price increases slowing, but it remains a healthy market and will for some time if the supply side doesn't go overboard.  

The volume of sales is still very high and stays generly healthy even the down times.

With the severe water restrictions is would be difficult to keep a new lawn healthy and green.

It seems healthy otherwise.Anyone dealt with these trees?