The IRS decides to audit Ralph, and summon him to the IRS office.The IRS auditor is not surprised when Ralph shows up with his attorney.The auditor says, “Well, sir, you have an extravagant lifestyle and no full-time employment, which you explain by saying that you win money gambling.

This is driven by better rent:price ratios during a recession, not buying high and going through the rollercoaster of house value fluctuation, etc.I can afford a house in a better location once house values fall in a recessionObviously, waiting to buy obviously only works if I am still employed and can get a mortgage approved in a recession.

Exceptions are out there-- long-held mom & pop neighborhood strip malls or small office assets,  properties in areas that are quickly improving or where all of a sudden a major employer happens to be entering the vicinity, and you are the first one with the info, etc. 

If you are not employing these strategies your fishing pole will continue to go without a nibble.  

Why would a landlord who employed a PM want to know about this issue at 11pm at night?

I work for a company who employs about 43K or more employees worldwide.

Many students aren't going to be making that much money a month - I didn't when I was employed in college - but I still had all my rents paid on time.

Luckily I'm still employed, but spouse fulltime caretaker.

The "trick" with this property is that it's not in a rural area most homes around it have paved drives.

Development will be done mid December depending on weather we can then pave..