@Aaron Nelson they are likely paying out the nose at some local hotel and are looking for more economical options.

Even in normal lights, some lead round nose bullets patina to a near black to the point that they can't be seen in the chamber.

Spinning your wheels with spread sheets and your nose glued to your computer running MLS data means you'll miss the deal.

I too believe that the F-in gov-mint should keep their fat noses out of all the cokkie jars where they don't belong, but that certainly will not change, so, all we can do is adjust when adjustments are needed.If the article is, in fact, pointing to large institutional buyers who will take down the bulk assets, I am willing to bet that many of them will leak them to us smaller investors, and perhaps at better prices than what you currently find on the market.

Sometimes success can be right under our noses!

I've also found drug paraphernalia, kegs, and things on stuff on the walls from someone's nose.

The inefficiencies and quality definitely take a nose dive, but is it better for all to have mediocre care or for only some to have really good care and some to have none?

I don’t know how I did it, except Mommy told me to and except I do keep my nose to the grindstone and except I’m glad it was 2002 and not 2006 because I was sure it was a bubble then too.  

Softee  But my style has always been if they keep it in great shape I never make them move and I NEVER raise the rent.because in my mind a turn over cost you years in lost rent.. that you most of the time never make up.but in this case I would say you need to talk about getting close to market if not market rent.. if your not in a capital position that bigger players are that can afford to be a little more lenient. at least when you only have a few rentals and are personally involved.when I had my larger portfolio 350 homes and a good swath of them HUD.. we were pretty much just like @Thomas S. hard nosed.. although some folks will evict if the tenant does not pay their 25 dollar co pay.. me I always thought that was asinine you now have a vacancy over 25 bucks and usually at some point through the year ( normally at tax rebate time) they would bring in the amount you needed..you have to deal with your tenant class.. and market.. they are not all the same. 

I might lose some money, but that's better than having regrets later for being to chicken to even try.I took her advice, held my nose, and jumped.