But it takes a much longer time for a good area to go down hill than it takes a bad area to go up . 

But, I'm hesitant to throw out any names publicly, as these things can change, and I this post may be here long after a club has gone downhill.

After that change they got horrible tenates in the property and things went downhill.  

When things were going downhill they went into my Trello and my google drive and copied all my business data out (including data that was for another business not landflipping).

Assuming the guests are being 100% honest and transparent those wild and crazy success stories are anomalies.Slow and steady will win the race my friend...snowballs get bigger as they roll downhill. 

Side note, their existing home’s neighborhood does not have a HOA and the neighborhood is going downhill even though prices have appreciated.

Well done, they say the first one is the toughest - all downhill from here! 

And keep in mind I am just the bridge lender so folks can BRRR and when they refi I am paid out I dont own any of these long term.The OOS investor acquires a home normally from a fix and flipper be it a turnkey out fit or off of MLS and the agent they are working for like a Holton Wise there in Cleveland for instance.So before they buy it the homes were in disrepair and vast majority are bought from locals who have failed to maintain the property but live there as owner occs.. those folks simply dont get hounded for violations like OOS or non owner occ props.What I have seen is when neighborhoods start to go down hill when they start to turn from predominately owner occ to rentals or the school scores go way down..

The crap flows downhill and this is coming from Obama and the 33,000 new rules and regulations that they want to enforce on the small businesses. 

The lot is quite steep, downhill, I have seen other homes built right around it on similar terrain, I was trying to get an estimate of the cost of construction in the area, plan is to build a 3000 sq ft SFH.