Fall is always terrible but this spring is awful.

Great to know this so I don't fall into the same trap as many who don't take their time and do their homework.

Never fall in love with a property either.

Like say you get electrocuted replacing a plug face, or fall off a ladder and break something.

Hey how's it going....One thing you should think about is that every activity you do in REI falls into the 80/20 law.

It will slow down in the fall.

I think that as we approach the fall you will see a drop in prices as reality sets in.

Generally speaking, home pricing on a national basis has done more flattening then falling.

With all due respect, if you have been financing for 14 years you would realize that you have just advised someone to commit FRAUD.The silent second needs to be subordinated and transparent to the 1st lien holder or it's FRAUD.

I don't know the other varibles in your equation i.e. appreciation rate, age of the home, any other deferred maintenance, overall characteristics of the neighborhood, rent comparibles, ect...But my gut feeling is that with the recent fall out of the sub-prime market, this is the best time to purchase rentable properties.