Look at inflation.

(Each Property is on a 10,000+ SQFT lot) 1 is a Duplex that are 2BED/1.75Bath...1 is a oddly set up house and the other is a 2BED/1BATH with a studio.

If you were born in a dump to what you would call "looser parents" and you are also, not the sharpest tool in the shed, what odds do you have?

I fall into the inflation camp, not so much the deflation camp.

We have went from inflated apprasials to deflated apprasials~~~~~~~~~~~~~~~~~HVCC Call to Action Contact your Representatives and Senators today to let them know that the HVCC Increases Costs for Consumers and Results in Poor Quality Appraisals.

Without it, units will become dilapidated, people will paint their doors and shutters odd colors that don't match the neighborhood, there will be mix and match roofs, etc.

Also, try to diverse yourself. i.e. maybe you want to consider a high appreciating property but at the same time, instead of putting your profit back in that property, save it so you'll be able to find a lower value property that can serve you better with regard to cash flow.And by the way, if you bought your property having a low rate conventional fixed mortgage, hold on to it for a little longer and you'll see how you will benefit from the up coming inflation.

Prices are still over-inflated here in Harrisburg, Pa as well.The Realtors and sellers just don't get that the run up was artificial and the correction is upon us.

The odds of any one particular seller being interested in you are pretty small.I'd suggest trying to find interested parties first, then doing your detailed research.

thats odd.