Buyers see all this money to be made by raising the rents and they have been willing to pay more for similar properties, which depresses cap rates, and increases the sales prices.

The home prices have been depressed but have recently turned around.

And the only thing that sometimes hurt me in D. was that he is soooooooooo honest and he wouldn't do anything which doesn't comply to his moral values, His honor is just huge, and I certainly respect it a lot.I live in so called "depressed" area in CA, and I had cash on top of everything else (credit score, job, etc.) and I had NIGHTMARES for a year I was going through the real estate process that D. could leave me and I'd have to again deal with slow, lazy and unprofessional real estate agents.K. is D.'

This 9 bed / 5 bath MONSTER currently houses around 10 men that are in recovery from substance use disorder.

Investing and business can be down right depressing.  

Your potential upside is far lower in a more depressed area, compared to nicer or up-and-coming neighborhoods.

@Natalie Kolodij My agent in Cleveland works with a few local lenders who have really flexible terms due to the nature of the depressed housing market.

Now, I'm exhausted posting to wholesalers, nothing personal, but most have attitude, personality and/or sociopathic trait disorders, unwilling to learn, self centered, self absorbed, lazy, looking for a fast buck having the audacity of calling themselves real estate investors or even business people when they follow the guru track of using a sale contract, either that or, probably like yourself Andrea, you or they just got caught up in something you or they aren't really aware of.

-The REI I enjoy the most is what we do now - investing in group homes that help men in recovery from substance use disorder.

I was a newbie and It was depressing especially since you didn't know how much lower it would go.