Charles Schwab says the stock market returns are expected to be 6.3% annually for the next 10 years, so 7% is e-z money for them. 

I know it is not on craigslist because he said it tends to promote vandalism.

Is this something you are being offered through a Turnkey promoter? 

And...it's almost like you have a vested interest in promoting wholesaling?  

@Danielle E. that is absolutely the right way to do it.

., I own a few long-term rentals in my personal name, and my accountant files them on schedule E (1040) as supplemental rental income.

What's the lesser of the evils-- wait it out, and see how the properties fare with new tenants (I feel like I've done that twice already, lol) or suck it up, take my losses and get the H-E double happy-sticks out of this mismanaged and headache-ridden town, having paid a hefty 95k price tag for this hard-knock life lesson?

I just have them respond via the anonymous craiglist e-mail and give my first name.

Worth real 70% deals are very, very hard to come by,,but I will say, I have had a short sale under contract since last November, and got an e-mail today it is about ready to close (now I have to get ready on my side,,,I never thought it would close)they do exist,,,but I would jump on an 85% deal for buy and hold now, and that would cash flow in my area

Thanks @Bob E. .