The house exhibited signs of foundation movement; cracks in drywall around doors, sticky doors opening and closing etc.

One of the responders exhibited several things that when combined result in them not getting any response from me.

Apologies if my initial post implied that I was oversimplifying things.I live and work in NYC – a market that exhibits all of the macro trends you mentioned in reference to capital preservation vs. gains and competition from foreign and institutional investors.

Perhaps rather than a crash, certain markets will exhibit a slowdown in transactions and little growth in pricing for awhile.

I've not been in redding as long as you (i've been here 4 years) but my impression is that the vast majority of the people I get applying are smokers, exhibit possible signs of being a junkie, are unemployed, have pre-scribed pets, etc. 

You need to tread carefully, or this thread is going to be Exhibit A in the 3rd partner's minority shareholder oppression lawsuit against your new clients.

If you find a letter to them in the garbage you can legally take it and use it as an exhibit after laying foundation.

E's, copies of lease agreements/amendments/exhibits, property operating data...these should at least give you an idea if it's worth pursuing further.

Other regions will exhibit strong trends for appreciation in value, but may not cash flow well due to the high costs of properties relative to rental rates.This is why it is very important to know your investment goals and understand what it’s going to take to get there.Investing Locally vs.

Multi-Family Property Class C: Properties that provide functional housing; exhibit some level of deferred maintenance; command below-average rental rates; usually located in less desirable areas; generally managed by smaller, local property management companies; and tenants provide a lessstable income stream to property owners than Class A and B tenants.Negative Amortization: This occurs when interest accrued during a payment period is greater that the scheduled payment, and the excess amount is added to the outstanding loan balance.