But, at second brush, it seems to me like the only properties for which an owner would ask for excess proceeds were the properties I was going to lose to shrew investors anyway.

I've just  been brushed it off for a while as I continued to build a portfolio on own, and wanted to continue to gain more experience before going down that road and the large responsibility that comes with bringing in other peoples money into the investments. 

Quote from @Brian Ellis: Quote from @Jay Hinrichs: Quote from @Brian Ellis: Were already seeing about a 10% pull back from list prices and price deductions, in the matter of 2 months.I dont think a Crash is something to just brush off.

its happens as well.. but you just can't paint a broad brush.. there is a reason these homes are priced the way they are.. the market prices them for rental/ risk.. they are higher risk than others .. plain and simple.

You saved my A$$ mate by telling me "get out" and we where printing money at the time...Had no clue how bad it was until your call.Believe it or not, the Fed's contacted me not too long ago regarding the fiasco.Great to see those guys still going after it 6-7+ years later Well I take care of my favorites  :)  I was very active in Indy at the time and saw the cluster going on there and you just dont want to get painted with his brush..

Instead, I just carried a brush around to mash some paint into where he missed and supervise him.

That might be the brush off not dishonesty.

Slumlords overcharge for property in poor neighborhoods that is kept in poor repair and allowed to deteriorate.A slumlord causes negative viewpoints of a landlord to be painted with a broad brush.  

That is great, but I worked for a year clearing brush and hauling debris ect.

Brush up on building code requirements: in basements you're looking for egress windows that are 5.7 sq feet or more openable (3ft by 3ft casement style windows work best), and ceiling heights 6ft 8 inches or greater (as little as 6 ft 4 inches is ok under ductwork and beams though)Sounds like your basement would be a home-run to generate some extra rental income - Happy to talk through the details of that strategy with you, just shoot me a DM!