The economy is still deep in a 7 yr. depression. 

The market is just too insane, and it gets depressing missing out on property after property. 

But if this is in a depressed or sideways market, then you have to be extra careful as to what price you pay and how good your repair estimate is. 

I must admit, when I think of Detroit, I think of high crime and a depressed auto industry. 

You are still facing competitors bidding the same property--to me that means we probably have to watch the economy move down some more before we are in a full on buyers market.Some experts were predicting a recession/depression to hit in January 2021, but it seems the governmental stimulus has moved it into a sort of slow burn (massive layoffs, higher taxes removing discretionary spending money from peoples pockets, etc...), with the San Francisco Bay area taking some hard hits.People are not yet feeling the true "Hard Times" that comes along with the bad times, such as 07 or the early 90's  with foreclosures (and Ramen Noddles) being the word of the day for most of the USA.Then good deals will abound.Just my 2 Cents.

They’re considered companion animals and ease anxiety, depression, some phobias, and loneliness.

The picture yall are painting is a little depressing - particularly the loan fraud bit.

I talk with quite a few investors in OK but haven't heard much about a depressed market unlike Texas, Tennessee, Missouri

In an economically depressed area you would want to get a higher cap rate.

The city I am investing in is a "depressed market", meaning no jobs are coming in and people are leaving.