I'm looking for a 30%-40% drop in the stock market from these levels and I'm perfectly fine staying in cash at 0% right now-my 0.15% last year beat the S&P 500 by nearly 40% in 2008.

According to Marcus and Millichap apartment complexes are still holding as long as they can make it through the toughest year we will face yet in 2009 I quote from their website: "The challenge will be getting through 2009, which will require exceptional tenant retention, aggressive marketing at the property level and an unwavering focus on operations."

I'm not sure if you read my last post in the thread you were referring to Matty, but the point I was tyring to get across there is that everyone's situation, experience level, and goals are different when it comes to investing in real estate.

There is still dirt supporting both ends of the pad where it meets the neighboring pads, but I'm concerned that that supporting dirt will cave in and the sidewalk, level now, will tip or --I don't know the term--subside?

Fiscal ResponsibilityOutside of that, I'd rather see a political party that pretty much does nothing else on the federal level.

But more than that, we have a great community here on bigger pockets with skilled members who graciously share their info.

Of course, if they can get them cheaper, I'm happy to let them, but this isn't generally the case.For the labor bid, I create a Statement of Work (SOW) that details exactly what I want done, broken down into categories that relate to specific skilled trades (GC, Plumber, Electrician, Painter, Roofer, Carpenter, Flooring, Foundation, etc).

I would be interested to hear any constructive comments.Area Location: Northeast DenverSquare Footage: 1219Bedrooms: 2 Bathrooms 3 Two Levels Style: Condo/Townhouse Financial Information:Comparables: $169.725Assessors: $189,600Bank of America $173,700Average Rental $1050ROI .14 (.65 factor used)Rehab cost maximum $30,000 (should be less)Asking $59,000$1000 Earnest MoneyI am hoping that this will be a quick wholesale deal

Inventory levels decline and prices begin to stabilize and you missed an opportunity because there are now more buyers than available homes.2.

Through the first half of 2007 I was telling my membership to seriously consider selling most of their investments while the prices were still high.Then at the start of 2008 I told them it was too late if they had not already taken action and discussions turned to scooping up bargains and effectively managing their holdings to weather the economic storm.What I did not talk about was the hidden fraud at so many levels in the financial system.