AND ... it shows up years before the boom. 

Are you trying to collect or defend against collections?

Steve I think certain markets that were exploding in the boom have recovered faster then others. the key here is demographics.

In fact, the rental demand is higher now than it was during the boom.

Assuming the tax collector accepts all your paperwork.  

You could try a lawyer/debt collector that finds him and bugs him for payment.

Once things get better and we enter a boom, banks start lending on low end condos again, expanding the pool of buyers and boosting prices.My business partner and I bought a bunch of condos in 2012 for about 20% of what they sold for at the peak of the last cycle.

Its really the next place that should boom here in NC.

How does Cleveland stack upI was in chicago last month and I saw some buildings that 300k could get you in the gane Jay & Mark, I thought you guys would like this read Downtown Cleveland Apartment Boom this aligns perfectly with the conversation we were having.

i live in oil country, and when the boom busted, i ended up in a better paying job then i was making in the oil service company that i was a mechanic for, but the properties realy havent dropped in price yet, though i did find some excellent priced land, 50% off everywhere else around here.