This usually occurs when the borrower has a difficult property to sell, difficult property to finance, owes more than the property is worth, or in times of high interest rates when he can obtain a higher price by allowing a lower interest mortgage to remain in effect after the sale.The seller is taking a high risk in allowing a subject to transaction to take place as he remain solely, and personally responsible for the mortgage.  

And then several things occurred to knock us (my wife and I) out of the game. 

Still, I'd definitely check out the Memphis Market.Also, in terms of when to buy on the dip, it occurred to me that historical data might offer some clues. 

Depending on how much of a correction occurs, and how much equity you put down, you could be underwater and owe more than the property is worth.The question is why does your agent think the complex has hit its peak?

$50.00 here and $100.00 there do add up.Doing a better job of keeping receipts for work done - I have transitioned and use cards now so I can easily track stuff.I am hoping will help me now that I am moving forward to a second phase of investing and to being making some cash net flow positive units occur - and this is where I need some guidance/help - motivation/support - feedback?

The cynical part of me says that he doesn't because he knows he would be putting HIS assets in harm's way, since the Feds can seize the property in which it takes place - so he'd rather put YOUR assets at risk. 

Having stable job, and recent divorce ( it does harm your credit history), with 3 x rent i cant see any reason for not accepting it.

In fact I am so used to crazy price increases in SFHs in the bay area I didnt actually believe there were places where no appreciation occurs :) 

Can I claim all expenses (insurance, depreciation, utilities, taxes, and mortgage interest) occurred after tenant has moved out and before sold?

Why on earth would you consider harming your asset to make life unpleasant for some freeloaders.