It would take a substantial economic slowdown, and a lot of catch-up new construction, to result in a substantial correction.

Thanks for sharing the photos and the numbers with us!

Right on point, pivoting to ideas like AIRBNB or Sober living homes is how we are pushing through until rental rates can catch up with the market value ratios.

By leaving these areas saturated, any wood structure or metal framing is subject to deterioration, and, depending on your locale, will also attract wood destroying insects.IF your rental agreement addresses responsibility for the lawn care, AND, again, you have proof of the damage in the form of "move in condition" documents and photos, I would insist that be restored prior to them vacating.

So those sitting and waiting for this massive foreclosure correction might not see that.What I personally think is for sure there is pent up foreclosures that would happen in a normal cycle in any normal year.those got delayed a year so there will be more foreclosures through the pipeline once those start to hit than in a normal year but its just foreclosure pipeline catch up.

Are their listings detailed with good quality photos?

Reviewing it allows you to catch these errors before they become a problem.Clarifying Questions: If there's something you don't understand or if there's a term you want to change, reviewing the contract gives you the chance to ask questions and get clarification.Legal Protection: Contracts are legally binding documents.

If you self managed you just move the tenant in and make the HOA catch you, then fine you, that was your risk you took not a PM.Like other people have said this is not a great deal.

The point is to catch someone's eye and hope they don't throw it in the trash (which is what 95% will do). 

Even if the numbers work out well, based on google maps street view and aerial photos, you're looking at a slum situation.