The bank that owns it is a state chartered bank; I saw in a local business publication that they are no longer examined/regulated by the FDIC, and are now the first Louisville bank to be a member of the St.

Being lax in the enforcement of rules & regulations.

It seems to me that the real truth is that if enough of these properties were sold at sizeable losses all at once it would overwhelm the bank's reserves for loss allowance, and would require that many banks either recapitalize or fold.You can call it conspiracy - or practical reality - but the US regulators are allowing the banks to hold onto these properties in a limbo state in order for their losses to be slowly absorbed over time against other income.

.), Market (i.e. regulations, economy, buyer's vs. stable vs. seller's, etc.), inventory (too much, competition, etc.), floor plan (layout, dimensions of rooms, lack of amenities/upgrades, etc.) and finally education of buyers.

Allowing pets tends to keep people in place since it's harder to find places that do allow pets, but definitely filter what you allow and be strict about a damages policy.

Are you strictly buy and hold?

Both are good theories -- in theory -- but neither can account for things like greed, political corruptness, monopolistic practices, safety regulation and the billions (or more) other intangibles that impact laissez-faire economics.You can criticize me for saying that I only know the basics.I'm not criticizing you for only knowing the basics (there's nothing wrong with that).

The negative reviews were mostly because they got apps denied or did not get their security deposit returned for damages they felt unfairly charged or overcharged for (knowing that they have strict screening and go after getting paid for damages might actually be a plus to an owner), but also some commented that when they moved in the properties were dirty/in disrepair.

John, if it's a bank it's covered by FDIC or the Office of the Comptroller, without showing the ability to repay the loan as required by regulators, as the very first consideration, you won't get a loan at any LTV.

You can look at the FTC regulations concerning advertising real estate, that trumps any state law.From my GREA site copied from the reg.