But when it does, I think its going to get a double jolt to pushing prices up from the lack of construction AND the lack of potential sellers that a normal recovery typically has.

Either good newer houses in nice neighborhoods in most parts of the USA go back to at least construction cost, which is double current value, or the entire economy flopped.

It's block w/stucco construction from 1960.

That's happened to me many times in So Cal in the construction section, I put ads on and they get flagged.

I am not in a position to do a construction loan to finish the project and I am looking to unload at a steep discount.

There are many reliefs and deductions you can claim and there is plenty of scope for constructive capital gains tax planning.

For some of the worst tenants, you sometimes find yourself considering steel plate & cement construction to prevent them from tearing up the place.

Here you have to be real careful because poorly constructed home tend to start sinking.

If not simply remind them of this fact that on the date the fence was constructed there were no bylaws disallowing the fence to be constructed in that way.Also state that any attempt to remove or modify the fence that was legally constructed will prompt legal action.On that note be sure to consult your own attorney and verify that.

My dad was big into speculative REI at one time and taught me a lot about the good and the bad..You should NOT go through with this plan if you think you can make a lot of money by putting a lot of "sweat equity" into a new build - when you aren't a GC or have any construction experience!