Real estate has gone up a lot, but it fell a lot and isn't much above where it was when it crashed.

I have participated in two rehabs with a mentor, I've had 5 under contract, they all fell through because of bad info on the sellers part or something in the deed that clouded the title.

First give this tenant lease violation regarding high traffic to unit.Next put all tenants on a Crime Free / Drug Free Addendum send it out so they can sign and return with August rent.Put tow away notice in your parking lot , unathourized cars towed.. so get update for all your tenants of current cars and get a sticker or tag for them so they have their cars properly ID so they won't get towed.Document any and all infractions, and consult with your local safe officer from your police department about suspected drug / prostitution / who knows activity by this tenant. 

It fell to low $140s.  

It seemed like it was going to turn around in a major way with the waterfront and that fell by the wayside for many years until locals started renovating the avenues business district and turning nothing into something. 

I was fully engaged in Real estate sale and lending in the late 80s early 90s in the bay area.. one of the tipping points or actually two were the earthquake and the war.. first gulf.. war.. economy came to a half.. people panicked and stop buying which fed on its self.some of the high end in the bay area actually fell 50%...

"Drug related criminal activity" means the illegal manufacture, sale, distribution, use, or possession with intent to manufacture, sell, distribute, or use an illegal or controlled substance.2.Shall not allow entry of anyone in violation of court protection orders3.Shall not engage in any act intended to facilitate criminal activity4.Shall not permit the dwelling unit to be used for, or to facilitate criminal activity, regardless or whether the individual engaging in such activity is a member of the household, or a guest5.Shall not permit excessive traffic or visitors (i.e. more than 3-4 drive ups or walk ups per day)6.Shall not engage in excessive drinking, public disturbances, verbal abuse, or spiteful threats7.Shall not engage in the unlawful manufacturing, selling, using, storing, keeping, or giving of an illegal or controlled substance, at any locations, whether on or near the dwelling unit premises8.Shall not grow medically-approved or other marijuana in or around the premises; Limit supply for own medical purposes per RCW 69.51A.040; Not smoke/vaporize medical marijuana anywhere in or around the premises.9.Shall not engage in any illegal activity, including prostitution, criminal street gang activity, threatening or intimidating, assault, including but not limited to the unlawful discharge of a weapon, on or near the dwelling unit premises, or any breach of the lease agreement that otherwise jeopardizes the health, safety, and welfare of the landlord, his agent, or other resident, or involving imminent or actual serious property damage.10.VIOLATION OF THE ABOVE PROVISIONS SHALL BE A VIOLATION OF THE RENTAL AGREEMENT AND CAUSE FOR IMMEDIATE TERMINATION OF TENANCY.

But because it was a 2 bedroom 1.5 bath we never moved into the condo because a single family house that was a foreclosure became available and after several price reductions it fell into our price range and we jumped on it. 

Sorry to hear if fell through like that - hope the next good deal ends up working out for you! 

@Nicole Heasley I renovated my condo earlier this year and everyone who saw it fell in love with it.