Will need to re-evaluate the economy, stock market, interest rates, unemployment, jobs, case shiller, consumer confidence.

Also, as far as good signs for a market: look for job growth, population growth in the area in the last several years, see how many major employers are there, whether these major employers can sustain the population growth, whether these are the types of employers that will remain for a long time (in demand, like a Hospital or  College), also how close is a town to the large metro, can people get to work under one hour.

Kadash that I have 3 kids and a family, and I work a couple jobs, still digging out of the hole he put me in.

This is also a full time job for many of us and our livelihood depends on our deal flow and we need capital to sustain it.

I'm looking for a Sales Acquisitions job in Sevier, Knox, Blount Counties area. 

This is way too far along to be screwing up like this.If you can't move into the property it requires 25% down so tell them to do their job and fix this asap. 

While I have been waiting on the BRE I have taken a personal assisting job and the more investors I meet, the more they tell me not to get my license to sell real estate and to just focus on the investing side of it.

@Kevin Marino Having a high paying W-2 job is sometimes the best way to get into Real Estate. 

I moved to Florida a little over a year ago, I bought my first (and only) house about 4 months ago.I am highly motivated to start in the real estate filed.There is one problem- MONEY.Right now I'm trying to save money to invest in a second home.Every morning I wake up to a 9-5 job, stare at the computer all day,and I feel like I can do so much more.I know how to work with my hands, and I renovate in my free time.I would love to work in this field and to learn the profession.If anyone is interested in mentoring a young and motivated guy, please leave a message here.Thanks!

So, good news is that you're already all set with a great mortgage relative to what you'd get today.Bad news is another 500 people in the mortgage industry that always focused on rate/term refinances, rather than purchase business, just lost their jobs, because you are far from the only one in that position.