Through the first half of 2007 I was telling my membership to seriously consider selling most of their investments while the prices were still high.Then at the start of 2008 I told them it was too late if they had not already taken action and discussions turned to scooping up bargains and effectively managing their holdings to weather the economic storm.What I did not talk about was the hidden fraud at so many levels in the financial system.

People see the foreclosure numbers, and that banks are not even selling what they have, and then we have a whole new load (of REOs) coming on, and that's causing people not to price things effectively and accurately," Olshin said.

SOOOOOO 5 years from now some screw ball decides to clean you out because you made a nickel somewhere and they think you SCREWED them without a kiss!!

Pocket $30K (or, 50K, if you can sell it for $110K) and use that to clean up your credit.You're not going to generate any income on this property.

But they won't remember it, then they'll jump on Google and search for Sell my home, We Buy Houses or something to that effect.

This is why it is imperative that floors and sills be carefully cleaned subsequent to lead repairs.

Make it shine inside, impeccably clean, fresh paint, new carpet if stained or worn.Have it professionally staged, this has made a huge difference in the time on market for my properties.Don't worry about selling from a distance, your Realtor and Title Co. will help you through it.

We need to create incentives for 'mom and pop' investors like us on this board , I don't think the local cities are going to be able to effectively manage a large number of properties.

If it were me, I would have it cleaned and filled now so you don't have to worry about it later.

Talking in person is so effective, for me at least.