The reason why is very strategic. 

Just curious, my two properties are in the city I live in, which is having a modestly robust uptick in the downtown area.

Glad to see comments from both sides of the fence.Keep it coming, Robust debate!

That being the case, the investments you make are absolutely, certainly the right investments...for YOU.Now, as for emerging markets, I'm more comfortable with making a strategic bet on an emerging market than I am on a strong market. 

This was just the most robust inspection I have had come back based on the size of the property and fact that I wasn't there to witness the walkthrough. 

But the people who succeed, plan, strategize, and set goals.

Last, since both asset classes produce passive income/losses, one can strategically shelter passive income to optimize their portfolio returns. 

Welcome to BP Amy,That is excellent and it sounds like you bought these homes at a perfect time.Good luck and move forward strategically.

They figure they're doing a lot of it so they're getting the $ out of their work and sacrificing the profit that should be there just so they can get in cheap... might as well get a second job....Anyway, I still see the market as abundant with absolutely no problem getting my clients heavy cash flowing deals in where I believe the be the most strategic locations of Rochester.

I know there is alot of talk about strategic default and these horrid big banks but I believe this transaction is not legal.