It is a slightly depressed community - there were a bunch of foreclosures here, of the 54 units (it's a small community in a small town), 17 are rentals and some are ill maintained.

He is an alcoholic and a hoarder and doesn't work as he suffers from depression.

It's always depressing in December when it gets dark around 5.Only about eight weeks til I plant the garden.

@Annette Hibbler Pre 08 paying the GC and trusting him to pay subs was common practice... as builders and GC's went down like fly's in the great depression.. many builders and GC did not pay the subs.. and this created all sorts of problems..

Unfortunately, in a depressed real estate market, it is virtually impossible to refinance in a timely manner and without putting up your first-born child as collateral!

Really depressing.

Wholesaling works well in depressed markets where poeple don't have great luck on the MLS.

And probably destroy all credibility I have but what the hay Ive nothing to hide anymore: 2 years ago: A very sick marriage and divorce to a cruel woman who admitted to trying to drive me to suicide AND even tried overdosing me in my food with MY meds so it looked as such, for my 3mil life insurance which suicide was exempted by then, after that Mental illness like post trauam stress and high risk depression, then an addiction to alcohol, painkillers and cocaine at $2000 a week to cope with feeling like I was no longer myself, just a person in hell on earth.

Not only that most people are in denial that they are in foreclosure, dont want to talk to anyone about it, depressed, pissed off, etc...

Long story short: we had a deal, he stood me up at the settlement table due to depression, his lawyer filed bankrupTcy next day, assets were frozen for 8 months, foreclosure, sheriff's sale, Fannie Mae bought from bank.I know this property intimately.