Called and found out it is a lady who is elderly and lives out of town.

Median sales price in the city of Missoula rose 28% this year.

Well if you watch CNBC its coming up roses.

This is already bad in an emergency situation.The lady was rude on the phone and didn't want to help me at all.

Often a week early.I have rented to a lady with 4 kids who just went through a divorce. 

And were Bill is coming from on the predatory side of this is that at least with Joe Picketts admission most of the buyers of these homes are working class Hispanics with limited knowledge of RE.So for you in your neck of the woods you take a beat up shack in Ephrata sell it to a Hispanic farm worker for double what you paid for it  get a small down from the.. ( there was a lady hawking some of these were the down payments were 500 dollars) and hope for the best.NOw if your using this model on non owner occ and in states were no license is required for commercial loans for commercial purposes this works much better..

Home prices rose, about 9 percent in 2014 according to the Case-Shiller index.

Do you know if the lady bought them with all cash or financed them?

I would argue this point as if it was the case, then prices should have dropped by that amount when rates rose.

I also have section 8 tenants in my 2 family rentals it is true some section 8 tenants are bad tenants but I have one lady who have been renting the apartment for 5 years, and she loves the apartment and keep it clean.