The big banks and high-volume originators are still stinging from the sub-prime crisis. 

He has 30 years experience on the MO side, and came to OKC in 2008.Here in OKC, we do a balance (as best we can) of wholesaling, rentals, lease-purchases, rehabs that slightly raise the bar for quality in their neighborhoods, as well as full historical restorations (my favorite as someone with a history degree).Generally, OKC was not significantly hit by the housing crisis.

THAT'S WHY YOU AND EVERY LANDLORD MUST EMAIL OR CALL THEM AND URGE THEM NOT TO PASS THE JIM BROOKS ACT (refer to House Bill 4142).THE MYTH OF A HOUSING CRISIS In 2014, Boston mayor Marty Walsh and his housing chief Sheila Dillon reported that Boston had52,000 high-quality, subsidized unitsthat provide shelter for 126,000 residents (calculated at the city's official 2.4 average number of residents per unit).

What we have here is an income crisis.  

I'd reconsider that for heat because it is a fairly predictable number, but electricity and water are absolute no-go.As for the tenants complaining to you about it, I might suggest in very diplomatic terms that they grow up and handle their problems like big boys and girls.

In his more diplomatic way of communicating than mine, he let the listing agent know that this was our best offer when he presented the counter.

Deficiencies  were outlawed during the crisis but that has sunset.Also the lender once they do this can do a 1099C which delineates how much they lost and its EARNED ordinary income to you.. so now you have federal tax issues to deal with.. so thats the bad that can come from strategic foreclosures.. they work in CA OR WA NV AZ those states i know for OWNER occ loans its against the law to seek a money judgement but you could still have the 1099C issue to deal with although in those states if you bought after the crash your probably not running into the issues you describe above. 

@James Carlson @Nick Patrick even in urban markets I don't really see a housing crisis happening due to Airbnb. 

I’m fine with that given that it will always be a strong market and they won’t plummet badly like cities we clearly saw during the financial crisis in 2008-2009.

Federal HUD-1 Loophole I'm Using To Make Boatloads Of Cash In The Sky-Rocketing "Forbearance Crisis"Ok - this sounds like another flavor of the month scheme with nearly not as much potential as it promises.