I currently own two rental units in an economically depressed area.

dont know what made me think of this but here goes. is there any simple way to calculate the ARV of a property thats in a run down but should be up and coming area where most of the surrounding houses are in the same ...

Well, my dad and I thought it would be good and we were going to call them but my dad later convinced himself that it won't work based off of the numbers they showed us and he didn't like the idea of buying depressed properties and renting them because he didn't want to be a "slum lord".

break out or accept depression and anxiety to rule the day...i say to hell with that!

Todays prices are depressed about 7%-10%.Homes are in central Ohio.I would appreciate your comments.

If 20% to 30% of the homes in that area are REO's then that alone will depress values in that area.

Still needing to DO it, feeling depressed and like a loser that I haven't done it yet!.

With the market and oil at record highs and a looming depression I would short every GM share I can find.

The bank is asking 44,900 and this is a depressed area.

In a short 6 months I had accomplished nothing but making myself more sick and depressed, subsiding on my life savings which was about $140,000 cash.