Then there are suddenly all of these articles about the market slowing down and buyers get scared about buying at the top and keep renting instead, which then further slows the market.

Landlord has been accepting $2k instead of the agreed $4k since 1.5 years and now all of the sudden he is asking us to pay back rent to continue the lease.

What caused the sudden home price drop?

there are not enough lawyers on our coast to take care of the massive volume of real estate transactions ala the way its done in attorney closing states.. there would be a big need to scale up if all of a sudden attorneys had to be involved not to mention slow things way down.. the other one that we simply don't do out our way is all the surveying that gets done.. its rare to the extreme to survey a property that was in a lot and block subdivision … but since I build in Charleston you MUST survey there there are encroachments all over the place. but like in Texas they survey lot and block as well.

These are young professionals who probably dropped 200k on an MIT education and you think they are suddenly going to destroy their credit and ability to rent in the area where all of the jobs in their related field are because they can't come up with rent?

View report...this property is on the Gulf Coast, so the thought of hurricanes/flooding/storm surge worries us.

In my opinion this is because there is just a surge of so many houses being sold on the retail side right now.

Not mine.So suddenly we went from having a reasonably healthy and functioning family to a deeply destabilized family and the status quo is no longer sustainable.

Within 2 weeks of me showing up everyday the contractor was suddenly finished and left the job site.

Watch where that is so you don't get a sudden shock.