@James Sinclair James I bet you would have more fun being the bank, than being the landlord. cash flow is much better let some of these young guys and gals that want to build up their portfolios deal with the 3 T's while you cash your check.Most of the Investors I work with now a days would much prefer to be the bank than own the asset..

Show up as the person who is going to eliminate these issues, and I'll bet they give you more support than you expected.

Since an increase in cash flow translates into an increase in value when valuing real estate via the income method, even junker rentals will increase in value at around the rate of inflation, like nicer single family homes do.Now, I'll bet some are thinking about neighborhoods where junker prices have either stayed flat or gone down over time.

I'd say your best bet is to visit as many local REIA meetings as possible and talk to as many people you can.

@Michael Lerch I agree, it was harsh, when you were a little kid and started to run in front of a car, I bet your parents spoke harshly, responded quickly with a commanding voice.

I'll bet they would be happy to answer any questions they can.

I've helped a couple of people contest assessed values and didn't make the connection with the Board of Equalization and equalized value.I love the idea of data crunching on large swaths of information and your use of mortgages (I assume you have an appraised value at the origination date) and HPI are also compelling.Although I haven't played around with it much, because our market is small and pretty homogeneous, I bet I could get just as meaningful information using age and square footage (also available on our tax rolls).

I'll bet if you put pencil to paper, you'd quickly realize your time is better spent focusing on storage or Industrial investing.  

Sylvia, there are no CIA employees living in Douglas County, I'd bet on it!

So best bet then-- a knock on the door could work.