And also, what is the time frame? 

This timeframe accounts for:- Completion of Work and Lease-Up: Ensuring the project is fully leased and operational.- Interest Rate Adjustments: Interest rate cuts may not happen as quickly or as significantly as expected.

Emerging markets with inexpensive housing and consistent development might also benefit new investors.

If you really don’t want to pay your agent, even though it sounds like they’re lowering their normal commission to make it work, then follow the terms of your buyer broker contract to exit, usually not buying anything within the time frame or if both sides agree to a termination.

@Christina ColonIt sounds like this tenant could be a problem in the future - however, if you boot him without planning and your place sits vacant for a month or two, you're likely down a few thousand dollars instead of a few hundred bucks for landscaping.If the landscaping costs are relatively inexpensive, you could plan to not renew the tenant, start showing the property to other tenants a month or two before lease-end, and have a new tenant (who won't complain about handling landscaping) begin renting within a week or two of the problematic tenant moving out, thereby saving you lost rent on your place sitting vacant.

Nicholas - what advice would you give me to help change this perception that BP has made everyone feel like they’re missing out, even if that means investing in expensive deals?

@Dana RichardsonBe mindful of liability.I would probably answer something like this.Yes, they rented from me from x to y time frame.

A lot of investors based in expensive markets such as Las Vegas are choosing to purchase their investments OOS in the Midwest because of the affordability and numbers making more sense.

Therefore the time frames don't align and presuming that people logically stop paying their taxes and mortgages at the same time, the Sheriff Sale would happen long before the Tax Sale. 

The affordable purchase price and strategic renovation opportunity made it an ideal deal for maximizing profit in a short time frame.