Having the Great Depression as a template and several indicators mimic the Great Recession, I realized it was a super economic cycle where this event only happens once in a lifetime, I decided to go all-in.It wasn't easy.  

Even little Puerto E is getting to the point of being depressing, but I get that things change.

I’ve lived in this unit for 2.5 years, I’m fairly certain we have more tenants than we’re allowed to have, and I’ve dealt with anxiety, depression, PTSD, and panic attacks without help for years.

was under contract for 3-4 weeks.. the day before closing, bank of america calls me and says the property didn't appraise...call the appraiser and find out she appraised it for 55 or 60k (can't remember now)..call back bank of america and they change their story and say that i have to lower the price to 23k since that's what i paid and it's not fair i make a profit...after closing costs, holding costs, repairs, commissions, i told them i wasn't making anything...long story short, the buyer was depressed bc he wanted the home and knew he couldn't get a better move-in ready home at that price, i was pissed bc bank of america lied to me and screwed me, the appraiser was pissed bc they ignored her appraisal, and do you think bank of america cares?

I personally don't understand this "bad is good" type rationale that some seem to follow by seeking out depressed, less desirable markets with poor and/or unstable underlying economic fundamentals just because the cheap prices make the day 1 cash flow numbers look good on paper.

@Ryder Meehan - Depressing.

He has to jump through a depressing large number of hoops to stay compliant as a mortgage broker and originator with regard to the CFPB, Dodd-Frank, Safe Act, TILA, etc.

I'm from the Upstate NY area, and for those not familiar, I'm about 170 miles from NY City in a very economically depressed area.

It can be frustrating and depressing looking at hundreds, even thousands or properties to find a few deals.

Both of these predictions were incorrect.Page 38 in his book "The Great Depression Ahead" written in 2008 shows:"We are likely to see the next accelerated stock crash between mid to late 2009 and mid 2010, when most of the damage to stocks is likely to occur.