Not apples to apples. 

But if you try and do an apples-to-apples ROI comparison (discounting the toy/emotion/lifestyle factor completely) it doesn't work out.Net result, I think you're on the right track. 

Equating 2008 to modern day is apples to oranges for the simple fact people were NOT QUALIFIED for the loans.Hope this makes sense and numbers are all approximate.

@Chris Mcalister  I would not follow that advice that this is like a distressed asset and you should offer less than you normally would.. as this is not the case... what Elizabeth is talking about is apples and oranges compared to buying this type of asset... what you want to do is get it into contract so you can then do your inspection and based on that you can do an inspection addendum if you need to lower price.. other wise you won't get in the game.As long as its fairly priced in the first place.. and depending on who the seller is

Plus, that would create a scope of work that you could compare apples to apples for the contractors.

I look at the cash on cash return and it is not a whole lot higher than my single 5BR house but that's apples to oranges I guess comparing a 30 year mortgage at 3.75% to a 20 year at 5.25% or whatever commercial is going for now.  

Sometimes they are not using apples to apples comparisons when running comps.

This is different than the stock market where you have to pay the going rate if you want a stock.For example, today Apple stock is $123 a share.

I think what he needs to realize is when you build a community and a bad apple infects the rest, it's all going to come down. 

I am in the high desert area Victorville, Hesperia, Apple Valley, etc...I am looking to invest on a SFH or a small multi family property.