That might help rent increases as that inventory burns off.

This will correct over time as more get burned, but until then, spend responsibly. 2) Do not listen to any advice recommending that you enter into a THIRTY YEAR agreement with a bank where you pay them a monthly payment in exchange for primary residence shelter where the only way you can meet the obligations for such a contract over the lifetime of such contract is that you househack, renting out your bedrooms to likely...strangers...until you are dang near Medicare eligible.

Quote from @Lee Burns: Congrats and great job! 

Do the above first.I don't track Minneapolis, but did part of the city get damaged, burned and tenants left? 

If the house burns down, we'll just take the insurance payout, payoff the mortgage, pocket the rest, sell the bare dirt for ~nothing, and walk away.

Sadly, it burned to the ground in 2016.

Realtors, owners, buyers all have gotten burned.  

Awesome to see @Robert Burns!

Hey, so I just got a deed on a tax lien and somebody burned the property down before I was able to get insurance on it in Phenix City, AL…what can I do about that?

I can cover my mortgage but are there other ways of financing this project without burning my cash reserves?