This halts production for anyone that is that far along - you can't just pick up trusses at your local hardware store - they are engineered for the job via the plans. 

I don't think the future will be kind to the investors who bought cheap houses in a big community of other investors. 

@Felicia NituConsidering the land in an area like Sycamore Square can only be bought at a premium, the ROI is not really accurate.A property in a good location in the Sycamore Square will cost you upwards of 1.5 million.

I just bought a $400k STR and the break even point with 25% down is $54k with a 2% sinking fund and 3% maintenance built in. 

In suburban chicago, if you bought a home owned by a famous gangster, politician, or businessman, does it add much value? 

You came along last year and bought the property for $300,000 as an investment property.So in year one, your taxes were based off the previous owner's purchase price of the $100,000 plus any annual tax increases since they owned it.  

Bought undervalued (market value of 265k); refinanced about 1 year later to contribute to next property purchase.

Let's say you bought a property for $350k, consisting of $275k building and $75k land.

HiWhen we started out we bought a multi family property and lived in 1 unit.  

I have been using Stessa for years and don't want to lose all that I have stored in the program.