Here’s how it works:Population Decline or Stagnation: If the population is static or shrinking, the current housing supply meets demand, and property prices decline (in inflation-adjusted dollars).

Yes, taxes and insurance are higher, but Tampa has strong rental demand, and you can still find properties in growing areas just outside the city where cash flow is realistic.

The market has a lot of strong points right now: affordable entry prices, great rent-to-price ratios, and high demand for rentals, especially in the Section 8 space.What’s even more exciting is the direction Detroit is heading.

I would also question how the house gained 55k in equity, or ~24% in 2 years when interest rates rose and demand fell.

He began taking the tools out of the house and demanding he receive money.

Imagine me asking my attorney for $35K worth of free court appearance /advise or a real estate agent to forgo the 6% fees on selling of a home or demanding my property manager give me 20 years of free property management or going to Best Buy every week and coming out with a cart full of electronics good without paying, etc.

That seems like a lower demand area than any place I would ever invest.   

Here, we got a ton in the hood, which there is no real demand for anything to be developed, so these buildings are generally worth very very little.

If there is demand and the market supports a market for mobile homes, it could be an opportunity.

(Minimal competition, high demand, and 20 year operating history with repeat & longterm clients) Agreed!