Someone (probably ex tenant) kicked in 4 of the interior doors, two big holes in the walls, cherry kool aid stains on carpet, dead lawn, cut some wires in the walls, NEVER cleaned the kitchen and looks like used lard to cook everything, the cooktop looks like a couple of "smallish fires" may have happened and the (original, 1979) oven has NEVER BEEN CLEANED, oh and to top it off we have a family of THREE SKUNKS LIVING IN THE CRAWL SPACE.And of course I no longer live 6 miles from this place, I live 950 miles away.I just spent 1 1/2 weeks working on it, about 30 "contractor size" garbage bags, 5 gallons of paint, a million small things that you always run into.Anyway I found a "craigslist" cooktop and wall oven for pretty cheap, my wife helped a lot, even though she hates RE investing and my neighbor has been a godsend because the trash service only picks up the rolling dumpster, NOTHING ELSE, so he has hauled the other stuff to the dumpster at his work.I'm heading back to TX to hit the kitchen, exterior paint, front yard and finish the interior paint (oil base on the trim).

Oil is dropping in value too.

If Obama does anything that the market perceives as limiting the supply of gas (stops or eliminates off shore drilling or puts a ban on new oil refiners) or to increase the demand for corn (ethanol subsidies), then this mess will get worse.

Snake Oil Salesmen use "shocking statements" to peddle their wares.

That property looked tremendous on paper - although in a small town, I thought it was a decent area near oil services.  

If you own a car, do you still change your own oil?

I currently work in the oil and gas industry in Houston TX.My wife and have agreed that is we want to become more financially independent we would have to find a vehicle to help us achieve that goal.

On the other hand Houston is getting ready to cool down due to low oil prices, so that may change as well.Does anybody own any MF around Houston area just to compare and see what good numbers should look like?

Now I just stay away from in ground oil tanks.

The drop in oil prices will hurt my economy but I expect it to help other parts.