No such luck, after no interest I had to drop the rent to 775.00, still no interest.

Building was listed for $280K two years ago and since then has dropped in price two times.

They're ordering materials in advance and having them drop-shipped straight to the job.

The appraisal community didn't want to drop the price of pencil searches and drive by, exterior only reports.

Such markets often offer better cash flow opportunities but low growth.In the cyclical markets like Ca, Fl, Ny and many coastal areas, you can expect higher volatility with large growth often followed by large drops.

Hot water baseboard heat runs at a lower temperature, usually around 160 degrees Fahrenheit.

Not sure if you saw my earlier post.My projections show while my cash flow on this rental will drop about $2k/year due to the cash out refi, my over all cash flow will increase $4k/year with 2 more rentals and by $8k with 3 rentals.My advice?

When you go below 250k appetites drop even more.

The price has been steadily dropping since the summer, by about $45K total (to get to the $100K mark).

So I wouldn't drop the price until beginning of Feb if you have no offers.Good luck!