I had it sold earlier this year, but the deal fell through.

I fell in Love with it when I first started looking up how to make money from flipping houses, but given my current situation, I think buying and holding will be a better fit for me.

bout fell out of my chair.. just a very foreign concept to me.Granted we build 5 THOUSAND new apartment doors a year here in PDX market and that's were all our renters go.Also I was commenting on another post about how new construction basically stopped in your area and that was correct.. takes a while to get it up and running . we were comparing Memphis to Vegasand PHX  well a huge portion of the renters in Vegas and PHX were sub trade contractors and when new construction like everywhere else came to a stop.. landlords found themselves with huge vacancys  apartments were lost.. 4 plexs completely vacant for a few years.my point was Memphis is a rental town has been will always be and is not subject to the whims on new construction and those that work in those trades.. your not going to have a ton of new construction when you can still buy existing homes for less than replacement costs..

Last year that fell to #2 in the country.

After a couple days of this information marinating in my head I walked into the living room where my husband fell asleep after a very hard and hot day (he works as an HVAC tech in AZ) I woke him up and said to him "you have showed me that I can trust in you and when you promise you keep that promise, you are a hard worker and you have gotten us this far, so yes I will walk next to you no matter how hard it gets".

My mother fell behind on payments a few years ago. 

Hey BP I have a question if I have a gentleman wanting out of a property title that fell inside his lap and he offered to give it away not wanting anything in return....

I am going to take a contrarian prospective here and say that basically your client more or less fell into it.

I spent a lot of time selling houses in downtown Baltimore - Canton, Federal Hill, Fells Point etc.  

A lot of people did a variation of this in the early 2000's by waiting for their house to go way up in value, refinance and pull a ton of cash out, then when the values fell so much they lost their house.