Excavation helped better the land by knocking down unwanted trees and grading topsoil.

Excavation helped better the land by knocking down unwanted trees and grading topsoil.What was the outcome?

@Ryan Ebzery I’d be cautious about Warwick as they have an aging population and some financial problems relating to pension obligations that are almost certainly going to mean even higher taxes in the future.They’ve been closing elementary and middle schools over the past several years and I just don’t see a lot of promising developments on the horizon.It’s not a hard no, if you can find the right deal, but I lean against it personally.Providence has some of the same issues but they’re more well known and some of the increased taxes are already baked in (such as different tax rates for landlords vs. owner occupants).I feel we’re in for more unpleasant surprises in the Warwick story and more tax hikes than Providence, and Providence has a lot more going on economically than Warwick by far so I feel it’s more resilient and will bounce back better.I like Cranston quite a bit but a lot of other people do, too, so prices there have kind of gone up quite a bit.

Why on earth would you consider harming your asset to make life unpleasant for some freeloaders.   

Seems like an hour and a half commuter rail ride into Boston would be...unpleasant, but I'll brave it if I have to. 

I was able to pull out of it at the last minute before foreclosure sale on all cross-collateralized properties but at great pressure and unwanted drama, time lost and legal fees fighting the foreclosure and substantial long term cost that slowed my investing.

I am starting to find motivated sellers (most have already had unpleasant conversations with other investors).

I added value by closing at his convenience, giving him cash to walk away with, and allowing him to take what he wanted and leave behind any unwanted belongings (mostly trash.)

Tenants are stressed, and it is easier to avoid unpleasant conversations, but silence always makes everything worse. 

The idea that if you are concerned about being forced to house unwanted people and concerned about the hit to your business, that apparently means you have no cash reserves and haven't planned for problems at all and will go bankrupt immediately based on your poor planning.