Each lender has guide lines that they use in dropping the price of the property in relationship to time on the market. this will chane from lender to lender and even with the amount of properties that the lender has to dispose of.

As a former disciplinarian, educator and motivator in the military, I am engage on building a personal website, a guide for homebuyers and home sellers, including professional guidance to my fellow real estate agents and mortgage agents.

Learn from experts (people who have become wealthy from that industry) as they know the true ins and outs, and can guide you from making the newbie mistakes.

But to be honest the US is not much better we seem to have rampant corruption in gov. with Nationalisation in the form of prescribed public easements and other forms of eminent domain "takings"As for the people of Mexico poverty is easily found thus the lower cost of living as well as many luxuries and securities we take for granted in the US.

(A checklist for reviewing owned assets is included in Dealmaker's Guide to Commercial Real Estate.)

There are a lot of experienced investors here to help guide in your real estate investing.Ed

I have been practically poverty stricken for a year now.

I usually just open a door or window if they're flying and guide them out.

This is only a guide, it could be more and could be less but most people under estimate their expenses.

I've read a book called "Beginner's Guide to Building Wealth Buying Houses" that advocates by homes and the doing the lease option path with them.