I think if it was a property that I was personally managing I would have been frustrated, stressed... etc, but honestly I wasn't so much.... my bank account hurt quite a bit and it put me back quite a bit..... but at the end of the day, I didn't have to deal with it... things like this discouraging investors from pressing on Or giving up on Investing I think is way more costly than the actual damage.

In the long run I say home ownership is the way to go, because inflation will always press rents higher.

Then, press search4.

There are some institutional lenders that may require a fee for an appraisal or an application fee, but the legit ones won't press on that until they know they can do the deal.  

Just a bit different note, band performances aren't regulated by law, you'll be hard pressed to see anything on a football field that is really unethical, illegal, takes money from the public or scamming someone into learning how to play an instrument.

@Ella Ludwig Kelly judy did not come up with this great thought.. its well known in the advertising industry that people need to see the same thing about 7 to 10 times before they react.but obviously one out of 550 responded to the OP letter.. he needs to do 500 a month for 5 years then see were he is at.I grew up In this industry.. my dad created yellow letters before anyone knew what they were IE mid 60's  we had a printing press in our garage and guess what I did as  6 th grader I printed 5000 door hangers a week after school then on Sat and Sunday My mom took me and 4 or 5 friends and we walked the neighborhood's my dad worked and hung them on the doors..

You would be hard pressed to rent a home in an area were there are fairly nice homes sitting empty only because there are less people who want to live there than there are homes. 

You're going to be especially hard-pressed to find any that are also close to move-in ready.However, I think it is still quite possible depending how much work and/or money you're willing to put into fixing a place up.

One more big press down, could make a lot of margin calls, pressing really crazy deep sell-off's, and really great acquisition points. 

This article is receiving lots of press here in Portland today.