Don't follow the herd, watch as the heard gets swallowed and be ready to buy the carcass.

One even works for me now...lol      My personality has never been to follow the herds.

I have a herd of them in Western PA, what part of the state are you in? 

its all about the buy right now.. and not getting caught up in the herd mentality.. 

@Russell Brazil  its really crazy this herd mentality to have zero money into a rental. and especially using a heloc on your personal resi.. that to me is really really risky.what happens when the heloc is frozen or called.. this happens.. what then.I can see heloc for short term in and out deals.but rentals with all the risk and long term depreciation factors that are recaptured if you need to sell and exit.. 

Having one or two houses paid off is like having a small herd of cows on a farm.

Came to find out the radiant heat in the ceiling was close to $1k/mo to run and wasn't heating the house well at all. 

So we did shoot very high and finally got the property.Below are details-Asking - $167k Listed as- 1650 sqft 3 bed 2.5 bath 2 car garageRepairs needed - Flooring, HVAC(radiant to forced air with AC), 2 full bath remodel, deck rebuild, Kitchen remodel, appliances, new gutters, small plumbing, sewer line repair going to main, garage roof repair, raccoon living on garage attic , tree removal, landscapingOffered price - $191kOriginal - 1919 sqft 4 bed 3.5 bath 2 car garageWe got our property, renovated it and did many things ourselves such as painting, bath remodels.

As with any older house, there were some things that needed work, like it had no A/C and only radiant heat (built in 1978), so dealing with that was tough while HVAC was installed, but learning to be a landlord was a great, but tough lesson.

Property was a Fannie foreclosure, and the owner had let a herd of dogs run wild in the house.