It's depressingly sad that the city believes its own lousy assessments...it's one thing to inflate them to increase tax revenue...but it is entirely different for the local government to actually use the assessments to make financial decisions.For anyone following, the specific example I am asking about is a rowhouse in West Baltimore. 

It’s a pretty depressing area.

Hope that is not too depressing, LOL Hope it helps"The House Guy"

A lot of those 40k houses south of I-630 and in the south-west part of town are in depressed areas, and I'd be very wary of purchasing sight unseen unless you are VERY close to the university or have trusted boots on the ground.  

Studying made me depressed.

The last time was the Great Depression, so long ago that people have forgotten and think it is not possible, but it is.

Due to this fortunate opportunity I have saved a small sum of money that sits in my bank with a depressingly-low dividend rate.

The best part is petroleum will rebound in a few years and housing prices will jump in the areas that are becoming depressed.

Just think what would've happened in 2007/08 if interest rates were already at zero...we most likely would've gone into a massive depression... 6.  

There are so many nuggets of wisdom that I have learned through the podcast already it is ridiculous.I am currently looking to utilize FHA financing to buy a slightly depressed property (due to mismanagement, etc.) and refi/flip out of it to build capital for a larger property.