Nevertheless, I feel that Arena is doing his best to grind Jefferson Park in the direction it needs to go - which is making it an attractive, denser neighborhood for that will allow a new, younger socioeconomic base that will spur commercial growth and promote long term stability.

This was a block of land my Father in law purchased 50 years ago, built the apartments on some of the land and had plans for developing the rest until health issues got in the way.

How do you look up homes that become vacant here in Norfolk the city of Norfolk department of public health - Bureau of environmental health will put a notice of violation on your door if your home is unfit to live in or not kept up with so shouldn’t there be public records on this info?

I have to say that the experience has been positive so far, with a few negative items such as the evolution of home prices and how expensive has become living on this state.At some point during this period I had a complicated health issue and I ended up getting into a lot of debt to pay for my medical bills.

The example above, a 9 cap have us a 1,000,000 value but a 7 cap gave me a 1.28 million.If cap rate reflects health of the park to some degree, then shouldn't the price go down?

Regardless of which branch this reflects poorly on their leadership ability and will affect their ability to get promoted which is a good thing.

As long as you have your health, family and the ability to make money you can ALWAYS start over.

I hesitate to call the current market a bubble - there's just too much up in the air to really see what's what, and while RE is a big part of the general health and status of the economy, there are a number of other factors that determine what / when / how the correction happens.The bigger they are, the harder they fall, so unless we (collectively as a society) really have our crap together (which we don't), when we eventually do go down I think it's gonna be a doozy. 

A few additional pros and cons of an FHA loan is that the appraiser has stricter guidelines, one of them being that they have to point out any health and safety hazard that are present and require them to be fixed prior to closing, which translates to potentially a riskier transaction for the seller.

I found a property I would like to purchase, but the thing is the man who owns this property is in declining health and is looking to get rid of 4 more properties with similar situations.