Negative return in the near term due to initial negative position.  

But back to the original point. on RF today 99 homes have price reductions and about 2/3 are above the median of 550K, yes 'values' will drop if the price is initially set too high, which this the data tells me.

I've already spoken with a property manager and agents, but I'd like to hear firsthand experiences from other new investors in the Fort Wayne market, especially within the first year or two of their initial investment.

You can find other locations in Texas that will have better initial cash flow but I suspect will not do as well in the long term. 

This was break even when I ran the number initially and made the offer. 

This creates a negative initial position.

I will probably continue to use Redfin (as the most conservative of three) for initial analysis.

Hello BP community.I’m dealing with removing an underground oil tank from my property in Newton NJ.I hired a company to do the removal/remediation MARKSMEN ENTERPRISES, LLC.The initial estimate they gave me was 8K, and they said there could be potential additional cost depending of what they find.

I currently have a full-time career as a senior engineer in the aerospace industry, but I’ve always been interested in real estate, and I view REI as a way to supplement my future retirement.I’m interested in initially doing fix and flips to build up capital for buy and hold investments in multi-family properties, and I have about $200K in home equity that I can leverage to get started.

As you and others have pointed out, and my initial assumption, that just seems hard to believe.That said, I'm going to a sale on Tuesday, I will report back what I learn in person.