I totally admire your drive.

You take out the out of area investor ( your one) out of the buying equation and as I stated the values of these assets ( when there are no homeowners buying them ) are based on cash flow only.Jim its one thing I admire and I am with U one reason I loved Detroit and was lending there in 2001  those little brick bungalows are bullet proof  .. 

I  admire you for being compassionate, I hope that I would be too, but you still have to do what is right for your business.

I have always admired him for his entreprenurial spirit and I'm now determined that I can do it too.

The baits I put in my truck of plates of sugary food with boric acid (all chemicals BTW) just didn't work because this low-tech Borg collective was evil and refused to die until I hit it with Admiral Janeway-quality chemicals.

-----But here's me in the City-County building, finding that "my" property has been foreclosed on again and again by banks, and then bought sold again and again by entitles with names like "Admiral Capital, LLC" and "Realty Choice, LLC."

Beacon Hill, Columbia City, Mt Baker, Admiral, or something on the water, 1.2M anywhere else is an abnormality.Whats your estimated cost for the four month rehab? 

Admiral neighborhood (West Seattle) View 5 bed - Hoarder house (4 dumpster loads), Estate Sale, Extensive Cosmetic neededSee any patterns?

I truly admire people who share their knowledge with others. 

Cashflow is king, but you are also still building long term wealth even without factoring in appreciation.All of our properties in Seattle cash-flow- we put 5-20% down (no 3% loans), have always done moderate to significant repairs/rehabs, and buy in the nicer South Seattle neighboorhoods (North Beacon Hill, Admiral District of West Seattle, Central District).