The Fed created 14 trillion dollars of money from nothing and bought corporate bonds with it, that is the money that is fueling this fake recovery through the stock market and making all the housing prices go up.

Perhaps - and I consider that to be much more of a win win than getting the property at below what they should take.I was once dragged to a presentation where some idiot bragged about his method for getting houses below value: get them under contract at full market value, write up bogus inspections showing tremendous faults with the home (that weren't necessarily even true), then drawing up fake contractor bids at 200-300% of the actual cost to repair problems that weren't even there!

I promise to share whatever I learn in kind.Thanks 

The midtown and downtown areas are promising.

And I think @Azeez K. promised an "inside the Perimeter" meetup soon -- the Home Depot day doesn't technically count, does it?  

I ask because in my infancy of wanting to be an investor i came across this company promising to fund my deals.

I'm concerned that he may be making false promises to his wife in an effort to get her to agree to sell her home.

While it does need some cosmetic issues addressed, I looked at it and (don't take this as advise get an inspection) don't believe that property has any major plumbing or electrical issues, it's $5000 less, and its a hud property that has been on the market 45+ days, could prob be had for $35k, and I promise you carpet and paint estimates are a lot easier to get and cheaper then electrical and plumbing issues.

(link to mayo clinic article).Some of the manufactured hardwood flooring (the fake stuff) cost the same as carpet and looks great. 

I even had spotlights installed to try to prevent...fake cameras...he still broke the lease and found something else.Essentially, I learned some major lessons...and reflecting back on it...even though I had to dip into reserves...I may have held on to it longer if I wasn't servicing debt on it...and, in this case, I don't know if that would have been a wise move either.