You are also competing with investors who are of the mentality that if they cash flow even or at a small loss all is ok because NYC real estate will certainly appreciate.I purchased a similar rent free property around 2006.

Many tenants are renters because they dont have good credit but they still prioritize their rent.

I ask because I could easily (mentally) spend 20k and up on a full blown sfh kitchen renovation, not to mention the rest of the house.For a full blown reno size matters.

Only the inner-city mentally registers as a place where such a sad product is required.

Ok BP Nation, I need some mental boosting today.

In 2009 I was green and did not have the investor mentality that I have now.

The Fair Employment and Housing Act (FEHA) prohibits harassment and discrimination in employment because of race, color, religion, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, age, pregnancy, denial of ... www.dfeh.ca.gov/Publications_FEHADescr.htm Even though the above definition does not specifically state this applies to housing the California Department of Fair Employment and Housing brochure below says as much. http://www.dfeh.ca.gov/res/docs/Publications/DFEH-157H.pdf And yes I agree - bad information is worse than no information.

There is a high-volume mentality to get as many short sale leads as possible in the pipeline.

3) Since you probably just mentally disagreed with me... the same report projects a 14% decline before a "bottom" is reached in the IE.

A good for us, bad for them mentality I have.