That's what they've asked about when I advertised the properties - what's the neighborhood like, can their kids play outside, is it safe?

I would start your advertisements again on the property and try to find someone else.

If you're looking for more local deals, you might have to start your own advertising on craigslist or try calling local banks.

Those are "black swan" events and are unpredictable.http://www.ritholtz.com/blog/wp-content/uploads/2011/04/2011-Case-SHiller-updated.pngOther than those events, there were small ups and downs, but the overall trend is clear: inflation drives price appreciation.Now, that neglects local effects, which can be huge.

That includes both the lost rent until they're filled, plus the costs (advertising, promotions, special rent deals or reduced deposits) of filling them.So, you need to figure out those costs and add them to the purchase price.

Fishy is indeed the right call, do an immediate inspection.As far as them refusing to sign a new lease, I would be advertising the place and once a new tenant is found, I would give them their thirty day notice if all else checks out.Craigslist is calling ..

It looks great and in this "green" era we are in right now you can advertise it as being eco-friendly.The only time I would not reccomend it would be for a rental because it is soft and scratches easily.

They also are likely to go where they might find real estate - think creatively here lots of investors prefer not to deal with property on the MLS, not all investors attend auctions.4) Some investors advertise or use third parties for various reasons.

Its worth about 140,000Which is why I openly advertise my units as pet free on my terms.

Perhaps also consider advertising it as an executive home for sale or long term lease - something with less of an initial commitment, then negotiate for a later sale while accepting cash flow from it.Otherwise, not sure how to salvage this one ...