The evil people that raise money and put together small businesses create jobs too.More constraints to capital formation and more taxes are the worst things that can possibly happen right now with banks not lending money!

Worst case including any necessary repairs and upkeep, say 25%

Which roads should be improved first - the road in the worst shape or the one that would then be used by the most people?

In fact, the worst security and immigration people that I encounter are at U.S. airports.

I live in Solano County in California (Vallejo / Fairfield Area) and that's known to be one of the worst in the Country, so lots of possibilities of distressed properties that have yet hit the Short Sale arena.

Your friend may be single and the worst that could happen to him isn't as bad as it could be for you with a rehab going wrong.

It's far from the worst part of this metro area.

One thesis I was evaluating was purchasing 4-plexes that need only light rehab at the worst, maximizing the units I could conventionally finance for 30-years at low rates, as well as gaining obvious economies of scale on closing costs and property maintenance, then turning to my community banker for purchasing REOs and other distressed properties, with all meeting (or nearly meeting) the 2%/50% guidelines (adjusted up or down based on "risk" of location and frequency of expected turnover).

Worst case, most GCs in this economy will do a walk-through and rehab estimation for $50.How much do you charge?

As a note buyer, you normally want to purchase your notes where the worst case scenario is the payor making all their payments.