It's the motivating factor for video being so popular.

Another big factor is that I'm looking for a long term hold (10-15+).

The headlines this morning read unemployment at 8.2% - if you add in those the government exclude to make their numbers sound better, it is really closer to 20% unemployment.

Remember to factor in, vacancy rate and also allowance for repairs.

From what you're saying, seems like the deciding factor is who is running the activity and not who is on the mortgage?

I figured out a way this morning to raise more money for a rehab and I wanted to pitch the idea to the community before I start negotiating with my prospective investor.

Many houses I look at are listed at a price, and once the repair costs are factored in the cost of the house exceeds the comps.

It's not just disaters from mother nature but also from others in the complex, external factors, marketing, financing, maintenance and the image of the complex over the years.

Guess I could tell you, it's 2 months, 12 days, 16 hours and 42 mintues to cash my check......lol, that doesn't tell you anything really and to say "average" that's a moving target as it depends on so many factors, your market supply and demand, interest rates, scope of projects, time of year, weather, who you know and their ability to buy.

I usually factor in some negotiating room and consider what I'm willing to give or take.