You need a constant source of inbound inquiries where you might be the only one talking to a seller.Of course, that all worked a lot better in the day when more people had equity in their properties.But, when you get a call from an older couple that has had their house paid off for 20 years, and they know it's something of a wreck and the thought of strangers traipsing through their home annoys (or embarrasses) them to no end...cha-ching!

I have the same fear and read somewhere that turbulence is very seldom the cause of a plane wreck, its just a major annoyance to the pilots and the crew.I'm interested to hear the responses you get

http://www.marketwatch.com/story/double-digit-rent-hikes-are-on-the-way-2011-01-13A perfect storm is brewing for rents to rise.Some highlights:"Multifamily developers broke ground on just 114,000 units in the United States in 2010, a figure so low that it wouldn’t account for all the multifamily units lost last year to the wrecking ball or natural disasters."

If the deal was so marginal that an extra few points are wrecking it (and it's a long term hold), the deal was too tight to begin with.As far as making an offer, you should always have a way to get out of the deal if you don't like it.

Perhaps its a complete wreck.

So, its hard to believe the house was worth $170K at one point and now its only worth $30K unless its wrecked.

He was like watching a train wreck in slow motion.

So I'm new here and stepping out on a (relatively) small scale.I've been looking at the distressed properties around me, thinking of my retirement, and basically said, "hey, why not build some sweat equity on one of these wrecks."

I rather spend my money on new windows or a roof or something else the tenant wont usually wreck.

I am in the process of a short sale on a Investment property Townhouse I bought pre construction in 2007 that I can no longer rent and the value has dropped about 60% in the last 4 years.I was foced to stop paying the mortgage to Bank of America about 8 months ago, with no income and it wrecked my 815 credit score down to 630 - last time I checked it.