Yup  me I have had my fill. and I am just not a tough enough B@@@stard to just hand it over to the attorneys and boot the people  I remember one couple here in Oregon I am doing a rescue for them.. they sit there and look at me and say.. we make enough money we just cant figure out how we can be 6 months late on our mortgage.. ( this in the day were it was legal to do this it not longer is IE rescue buy it and lease it back)..but then I am thinking what about the camper the boat and the two vehicles in the drive way could that be a reason..

Last year we purchased a mixed use business complex with light industrial/office warehouse "flex" spaces in the front of the parcel with road frontage and then boat & rv storage on the rest of the property. 

., produce enough cash-flow to cover it's expenses, so I'm not dragging around a boat anchor for several years waiting for its value to increase.

If the property is in a value range of 35K to 75K we might assume vacancy rates associated with section 8 tenants, management costs that are comensurate with the phone calls telling people to mow the yard and pick up the trash or to move the boat.

Though, this being Indiana it's sipping ice tea, sitting on my bass boat and girls in Nascar shirts.

Many of the people/example you mentioned, purchased liabilities such as put in a pool, bought a car or boat, etc.

Water was over US 281 and washed a couple of hundred of the "household size" rolling dumpsters, a few boats and some portable generators and other rental stuff across the highway.We were "waterlocked" in our little city within a city as the only 3 ways out are through "low water" crossings.

You know what they say about boats, right?

The property I am looking at sits right on the water and is a 4/2 with a boat dock and a pool and of course I am having difficulty finding comps for it to determine an ARV.

It's like a car that can go in the water, it is neither a good boat or a good car.