I realize he paid like 60K less and got way more (previous owner way overspent, wolf stove, spiral staircase the whole nine).

When I moved to my new home last February, there were some things that got dinged, including the custom built spiral staircase.The moving company repaired the things they could and send a contractor for the rest.I'd just ask them how they intend to make it right.  

There's a theory that the bronze age collapse several thousand years ago was caused by using something useful (bronze) as currency for a long time, and that thing that was the basis for currency suddenly being less useful (iron invented), leading to all the stores of wealth (bronze, or currency backed by bronze) plummeting in value, and a downward spiral from there.

That can put you into a financial downward spiral and wreak havoc on your finances – all with your original equity on the line while attempting to build new equity.HELOCs, as we mentioned earlier, are also variable-rate products.

I am trying to stay positive but wanted to share my experience to this point on how a renovation project can spiral out of control quickly especially when you are dealing with a seriously run down property.  

I'm leaning towards allowing the guest at this point because I don't want to interfere with the tenants' lives, these have been good tenants, and I'm always for helping out those who serve in the military, but I don't want to put me or my tenant in a bad situation or a situation that could spiral out of control.Thanks in advance!

And while the prices here won't continue to spiral upwards forever, they won't come down to a significant degree - they'll likely plateau for a moment.

Everything finally spiraled into oblivion from there, and I could not save it.

Those who wanted to sell had to lower their asking price, which created a vicious downward spiral, since once one seller did it, other sellers had to follow to stay competitive.These "100 year floods" may not happen that often, but investors need to think through them ahead of time ("mental rehearsal") to know what they are going to do should they ever occur.

Duplex up the 3rd floor 2br 1ba into a 3br 2ba duplex unit refinishing the attic into a master suite with a spiral stair case oh and sky lights yes everyone loves sky lights that was a must haha Market rate rents as per MLS comps and personal experience leasing in neighborhood.