This is a single-family dwelling with a long-term lease for recovery housing.

In order to break even, most investors will start to sell their properties for lower rates, giving room for lower prices.Even though a housing recession can hurt our country regardless of the economic environment, it is vital to understand that these events are usually short-term, meaning that recovery is achievable within a short period.What causes a housing recession?

The housing market in Phoenix had a long road to recovery. 

Wishing you a speedy recovery. 

I think the most you will recover is the repair cost and you got someone to repair it on the cheap so that could limit what you will get. 

Not sure what you can do about the seller but your lawyer should know, weigh the lawyer fees against the recovery amount. 

Hey saw the add for Spencer Vann.Now not to make light of the creator of the robinhood method's prehousing crisis success(this is how he markets to us investors by the way...because he can use our language).But to be fair...the robinhood method or the surplus funds mastery which he talks about in his webinar..isn't real estate(you don't buy or sale or refer or do anything with actual real estate).What you actually do is go to various lost funds places(e.g. claimitexas dot org) and you contact the people telling them they have funds owed to them and that you wanna help them for eventually 40% commission(that's a term usually for the agency side only).Thats great if it's something you enjoy...but for me I enjoy real estate.But that's Spencer Vann..but he sells a boot camp like package at the end of his free seminar.Not for me..but if you love asset recovery go for it.But that's what I got from his free webinar.and that should answer the question.

That property might be the same asset class or a different one lower down in the cycle recovery phase.

Many analysts are saying it’ll be a soft recovery.

Recovery measured in months.