Some creditors buy liens like this for pennies on the dollar and reappear before the lien expires just to foreclose and yes it creates a giant mess.

We have a giant % of home owners in exceptionally low rate locked mortgages.

All it takes is one week with an air bubble and no oversight, and you will have a giant ice cube.In addition, I agree that you can expect minimal lawn care from the average tenant.

The first thing I pointed out was the giant cracks at the corner. 

Hi James,I'm a foreign investor with a background in the European real estate finance industry, mostly for institutional sized deals, debt & equity / JV.I was overwhelmed by arriving to the US financial landscape and the opportunity it provides.

My wife is Eastern European, and I have a real interest in buying land. 

Home prices seem to be coming back down from the giant price hikes a few years ago. 

They are a European company, so you will usually be called back from a foreign-looking number. they have always been cordial and helpful, so I'm not really sure what problem you had with them.

Think of it like this: If your property was a giant piggy bank, the cap rate tells you how much coin you're adding every year relative to its size.

However, I think in this case it may be that you are seeing a giant feedback loop.