We have also been fond of B2R.

My father was fond of telling me that "If you're not getting the answer you want, it's because you are asking the wrong question!"

I am fond of doing HML and am working with a guy right now that wants 200K.

I'm down here in Fond Du Lac-- Anything I can do for you down here let me know.

They are rather the best neighborhood/s or zip code(s) within an 'emerging' to not yet overpriced and unsustainable area, and there are consequently "winners, and loosers" in probably every major metro... and terms deals (for more than "one trick ponies" vs. say "wholesalers" as Brian Gibbons is fond of saying... who likely has also done hundreds of deals, and just doesn't brag about it...) so who cares?

AS for the seller.. like I said like many he inherited it  :)  For me I might not see it in my lifetime but my kids and grandkids will be smiling and probably thinking fondly of the old man !! 

An appraisal is more useful in my part of the country (Albuquerque agents are very fond of reducing their opinion of value by only cost per square foot.

Regarding appreciation, I'm quite fond of the forced one, it's difficult to rely in the evolution of the market even this one looks favorable : I'm thrilled with the super positive waves of this city. 

The lowest priced housing can be found in Coolidge, Eloy and AZ City but I generally avoid those cities as I'm not very fond of the tenant or employment base in either of those cities.

But I am fond of buildings, especially as an asset class.