If that was Portland'—Goldfinger finished the sentence with a shake of his head before he finished it with words.

In regards to your question about what I meant about "that loan is not tax advantaged"You misquoted the sentence, there is more to it in that sentence.

I like your last sentence!

Only people who couldn't form a proper sentence and wanted to know how many people could live in the unit.

I like the way you put it especially the last sentence haha

If I were looking for housing via Craigslist I would be very wary of any of those two-sentence ads you see with no photos and poor grammar.With all that said, dropping the price down to $1195 isn't a bad move necessarily, but if I were in your shoes I wouldn't feel in a rush to do so just yet.

To clarify that last sentence I would rather have a 100k property that rents at $1200-$1700 per month than a 20k property that rents for $410 even if the ROI is less.  

For cold calls/door knocking, I've heard that we get about 10-15 seconds (couple sentences) with a distressed homeowner (NOD, NOS, 60/90 day late) to avoid a flat rejection and get  them to continue talk.I'd like to hear what initial opening lines people here think work best to get the lead to open up and talk about their situation. 

One sentence in your posts worries me - "Newer construction apartments down the street rent for more like $1,400."  

At the end of the day, when you have the kind of population out-flow (read: demand) that Detroit is having, you ARE NOT going to have a good investment return over the long-term.Unrelated: That was a really long sentence!