WE still lost millions like anyone else who had a 50 million dollar book of loans in 08 and at risk  :(  was painfulJay,Here's what I never understood about Detroit investing...why were so many investors buying into a shrinking city/population?

@Martin SchererFeel free to use Chrome or Firefox instead of IE or get a faster internet connection, that will shrink those pictures for you.

@Mary StephensI have not heard of huge problems with vacancy unless you're in a city that is shrinking or your rent rates are two high.

Yes, the actual mortgage payment may be less than rent, but when you factor in all of the maintenance costs (and your time) involved with maintaining the home, the difference shrinks considerably.

Concrete shrinks thus the cracks.

They can shrink the deficit by paying with dollars worth less than when they borrowed them.  

However, your 24% gross potential rent will shrink very quickly for the following:About 15% to vacancies and bad debt so you are left with ~20.5%. 

Until I wrote software to shrink it down to about an hour. 

Fastest Growing:1. ND (yea oil/gas)2. CO (yea Bigger Pockets)3.  NV4. FL5. TX6 UTShrinking State Populations:1.  WVA2.  IL3.  VT4.  CT5.  Maine6.  Miss.7. New Mexico6 of the 7 are east of the Mississippi RiverStates w...

If I were going to be cutting potential future buyers out based on type of financing they can use, that could shrink my pool of potential buyers, impact future value and marketability, and I'd want to know now.