This means a lot of units are sitting, and we're seeing a lot of price reductions, lower offers being accepted, sellers willing to help cover buyer closing costs, etc. 

We had $180k sitting in the property.

Guess where my moms house sits?

I feel like I've just been sitting on my *** for 2 years doing remodels room by room.

You have mortgaged properties sitting vacant and properties in need to rehab.

Let's see how this sits after 5, and 10 years.

. :) For some, I imagine you will have more than $200k sitting in them as "potential equity" you could sell 2, 3 or more of them and now trade them for a 6 or 10 + unit property.

Quote from @Joseph Shuster: $1.45M loan on a $2.2M property at 7.125%That's fine, just how do you sit in general?

@Adam Peralto More & more owners are posting here on BP about their rentals sitting vacant too long.Which means owners aren't paying attention to the rental market - which is slowing, causing Days On Market (DOM) to increase:(Take a look at the graph below from ShowMojo, comparing average DOM for 2018-2024.DOM are now about 40% longer than they were 2 years ago.Many owners also don't seem to be aware of real estate market fundamentals, such as seasonal effects:1) After September, when kids go back to school, there's a noticeable dip in activity in both the sales & rentals.2) After Halloween, there's another noticeable dip.

So job's report is near totally worthless now because you need the revisions to get to the actual real #'s, after fake BS one's had time to sit and cycle media 1st, which were all apparently ok with now.....