Now, if someone has redemption rights they can demand a public auction at conclusion of the lien foreclosure lawsuit.

I know it's counter-intuitive that more demand causes lower returns, but it's basically an investor saying I need to park 5 billion dollars now, and I'll do it for 0.01% less than the other guy.

@Dave Fosterwhen you say demand, quantify that in terms of how much of a price drop is there in ADR from demand in March vs July?

As for Milwaukee, I am expecting demand to outpace supply.2.)

I will honor my agreement of refinancing or doing a loan assumption as soon as I'm able (I've been trying excessively over the past decade), however if he does force a sale, can I tack on the fact that I've paid all expenses including the mortgage for the past now 13 years to demand he reimburse me half, or is he entitled to half the equity and I'm just screwed out of everything I've put into the house?

I ran an O&E and I got:- "notice of election and demand for sale by public trustee"  this is for about 350k and I assume is the lender whom he didn't pay- "MERS assignment of deed of trust"  I'm not sure what this is but I think it's related to a quit claim deed where he added his wife to the deed thinking it would shield him from foreclosure.

If the area you're in has a lot of converted 2-unit houses and they are in demand, they may be more valuable than the traditional single-family houses.

Just an update units actually rented higher then I even thought, I guess a ton of demand for anything "affordable" right now. 

It could be a supply and demand issue and not pricing.

Economists:It is said that there are 4 phases of a real estate cycle: (1) RECESSION (supply greatly exceeds demand and high vacancy rate); (2) RECOVERY (rental growth remains stagnant with little signs of new construction but the economy feels like it is headed in right direction); (3) EXPANSION (job growth is strong and increased demand for housing.