As is evidence by the majority of professional athletes and lottery winners losing everything. 

I don't care about the reason, but the reality itself is evidence enough. 

There has been plenty of evidence to support that the a big factor driving the foreclosure market is negative equity.

Let's take a hard look at the evidence.

It isn't always easy, but never take someone's word without any kind of secondary evidence that they are the real deal.re: Pavilion Capital Group or Pavilion Commercial Group

Here is some anecdotal evidence on the growth aspect.Salesforce.com, a technology company headquartered in San Francisco and with a $45 billion market capitalization, is making Indianapolis its Regional Headquarters, and has just leased 220,000 of office space in downtown Indianapolis.  

I wouldn't buy a negative cash flowing property unless you are buying at a significant discount or unless you have good evidence the property will appreciate.

When the old cabinets and countertop were still there it was especially evident. 

I can make up 3-4 reasons that there would be a slowdown, but I don't have evidence or hard numbers, just my observations.Many apartment units have come online in the last year in the area, which is likely driving down rents. 

There was also certain expectations for documenting the cost of your renovations and documenting the improvements with photographic evidence (pre- and post-).