It may not be a measure of the trainers ability but a measure of societies motivation to learn something new and actually do it.

While rates are increasing, that implies that the job market is strengthening, so rates may be higher, but if there are MORE people WITH JOBS in the economy, that will provide continued supply for the real estate market.Hard to get a loan at ANY rate if you are unemployed - ya know?

Therefore, it does not imply paying above FMV.

If it is listed, or has been listed, on the mls, you should be able to see some photos and get a good idea of the rehab needed.Agreed...though his mention of direct mailing implied to me that these would be yellow letters to a pulled list (not MLS)...

I don't think that is reasonable.I'm certainly not implying that laminate is the most durable or long lasting flooring option, but at a price point in the $90,000 range, which Bonnie Buckley mentioned, no buyer is going to expect the best, most long lasting floors, or any other finishes for that matter, nor should they.These are just my opinions.

Brian is right implying that $300k is a little rich for a single family investment in just about any market.

That's a valid concern with the 3yr amortization (he implied) on the second which kills your cash flow.

At least to me that implies we're not at a tipping point just yet.I just don't feel that we should start panicking just yet.

I don't want to imply you should be adding drop ceilings all over the place.

For example, let me assume you need $30K in rehab, based on teh "40 years without updates" implied by what you posted.