First step - Stop the bleeding.  

He expects a developed Memphis Regional Megasite to stop population bleed felt not just in his county but regionally.

No matter what floor you put down over concrete, it will expand and contract a lot. i had one project recently, i put down a floating floor and left 1/4" space all around, only for it to swell up enough that it buckled and i had to pull the shoe molding off and re cut  the floor even more so it could sit back down, that's how much it expanded. if the floor is in a basement make sure it is rated for below grade and can be used on top of concrete.

Except when she puts her bleeding heart hat on, but that usually involves kids.Should we feel bad about taking their $120 or just figure we underpriced it, easy to do in our quickly gentrifying area?

I think a majority of the working class makes around minimum wage in AZ so yea 4 or 5 years ago great time today i don't know and I'm sure it may be a sign to the macro scale swell or not...

@Nate S., well the market is what it is.  

They will be a wealth of... well building wealth for you.Bigger Pockets is a great site, glad you have been checking a lot of the posts out, you should read this site till your eyes bleed.

However the bleeding heart politicians who made the landlord tenant laws think otherwise.

If it is bleeding from the start, I pass...or negotiate a better deal.

If I did what he was doing I would need a 2nd job to pay for the loses in my "investment". 20 years to recover his initial investment and bleeding cash every month during that time?