Price recovered quite a bit for the Cambridge Place condo.  

We are recovering from depleted savings and saving for a wedding, so we are looking for lower cost, high ROI modifications.

In 2008, the high-growth housing production markets such as Phoenix and Las Vegas experienced deep losses in real estate values, which took years to recover, while the Houston economy benefited from a surge in oil prices.

I'm looking for something like AirDNA but for properties/areas of town that will let me analyze what areas/neighborhoods in town historically hold their value and recover their value the quickest after a downturn.

Run your numbers and buy what you're comfortable with, if it takes a step back make sure you can survive it until it recovers.

**(Sorry its so long, I wanted to attach the reasons not just the link, so other posters can see it too)http://hcidla.lacity.org/sites/default/files/docum...LEGAL REASONS FOR EVICTIONA landlord may bring an action to recover possession of a rental unit for any reason listed be-low.

Attempt to recover the monies through a judgment order or just walk away. 

It's unlikely that she would be willing to cut ties before that lost rent is recovered, in addition to her capital investment for the rehabbing, so you're setting a definite minimum time period for the partnership to continueMy thoughts are similar with those above, sell the property now and split proceeds to end the partnership.

With my business mindset and my past friends' experiences since he is too now "recovered" we will make a great team.

Your lost rent is going to be much more than the $700 you'll pay an attorney.Suing K may be a way to recover some of your losses.Do be aware that if you've paid $180K for this house and expect to get rent of $1,700 that you will be cash flow negative, unless you have a lot of cash into this deal already.