Sorry to be the bearer of bad news, but when you look at the facts of what money was invested in and how it was handled, it leaves little to hope for.The only potential to get anything back is a potential SEC / FBI investigation to see if any fraud was at play where other assets of Norada is possibly garnished to pay back investors.

The good news is that in these types of cities, there are significantly more properties for sale (albeit at lower price points), and you can gain traction with a few houses per month more easily than in tougher markets like Tampa or Dallas, for example.

Here are the Positives:Upfront Payment: The tenant’s offer to pay the full year of rent upfront, along with the deposit, shows a commitment and provides financial security for you in the immediate future.At least She was Honest in Her Communication: The tenant has been transparent about her situation, which can be a positive sign of reliability and sincerity.My Negative Concerns:Her Future Financial Stability: It's only a one-year lease, if her medical condition and financial condition should worsen (Heaven forbid), you may have to face her wanting out of the lease earlier than the 12 months and eventually you may be faced with having to decide not to renew the lease (after her 1 year contract is expired) based upon the sad news of her condition becoming worse, (Heaven forbid).  

Good news is its fully rented and generates enough cash to satisfy a 14% HML (give or take), that's pretty robust. 

Quote from @Daniel Frank: Quote from @Bruce Lynn:Good news then on that one if it is cash flowing well. 

If this past Sep24 and current Oct24 doesn't mirror Sep 2007-Oct 2007, which if you read the news articles back then to now you'll see how similar they are.

If one follows the news, there is crash almost every month, if one follows the money, there is money in every month!

What’s the most relevant real estate news you have read or heard in the last thirty days?

Are there any recommendations from anyone who have found certain news sites or data sources to extract data from that has helped them understand the current market landscape in their target area?

The good news is that in cities like Berkeley with aggressive rent control, there is always a shortage of available rental units (the rent board bureacrats constantly find ways to perpetuate the housing shortage upon which their jobs depend).