My drywaller says patches are more expensive then new rock so we often take bathrooms down to the studs.

It can be an issue, so I now just make one person responsible for the unit and if things change then the others can reapply so to speak and the decision is up to me at that point not left to "nature taking its course" with my investment.

If they have an interest, it'll come up naturally when you tell them you want to buy a house in the neighborhood and want to know who is getting ready to sell but hasn't listed with an agent yet.Anyone who's motivated enough to drive and research 45 properties will find something to buy if they are persistent as well as consistent. 

Some I sold in 2006 for 20,000 might get 3-5000 now.Hidden Valley has lots of lots available but not many are buildable due lack of sewers and the soil may be only a few inches thick over rock.  

Well all of you are getting into pretty sharp detail about all this and honestly I'm struggling with a couple things. 1) I didn't see any end to a post that dictated anything with clarity in terms of making a purchase decision so it all seemed rather academic in nature, which is great but even with 2 degrees, about 10 minutes of that required a break from the material. 2) The discussion seemed to chase a lot of "what if" scenarios with expectations that current trends in recovering markets would be linear in that the heat will keep coming and something has to keep rising, either rents, price, rates etc.So, I may have a very different vantage point being here in the middle of the country, nearly all the posts were from either east or west coasts.

Welcome Chris :rock:

So be it - that is the nature of probates.

If there are multiple tenants or reimbursements involved I would bump it up a bit depending on the nature.

John Jackson rocks btw.

If military is in your nature and an early retirement with excellent pension and benefits is what you are after this sounds even better than the military.Was recently at an inauguration for a new police officer and the room was full of 40 year old retirees.