You won't be finding owners willing sell their $300k property for $130k so the 1% rule works.I am generally confused when things like this come up, and they come up a lot around here.If I were thinking of opening a Starbucks, because they sure are money makers, but my immediate location was a horrible market for a Starbucks, I either:(1) would open it elsewhere (and accept associated headaches with remote mgt), or(2) not open a Starbucks.Why is the real estate business any different?

The products chosen provided the greatest VALUE for my application- an appearance different from (equally important to not be horribly different!)

*I've found that such people typically turn out to be horrible clients, because they do not know what they want starting out, and will continually add on and change things throughout the life of the project.

As always, good advice REI...T bone...I know what you are saying about returning phone calls, some people are horrible at it!

Obviously, this is a HORRIBLE DEAL!

This has been both a horrible and a remarkable day at the same time.It is never good when something goes wrong, but sometimes these things happen for a positive reason.

It cost them dearly.Watching the “trends” would be a smart practice and I know the “big boys” of investing do that, so they don’t end up with a “stall” of purebreds with no race to go to.The “greed” of some investors is so intoxicating that, like an alcoholic, they never see disaster coming because they’re not looking anymore.Almost every night, the networks bring their “doom and gloom” reports of how horrible it is and how much more horrible it will probably be very soon.

It was horrible.

I understand it mars your credit something horrible and virtually makes it impossible to purchase anything via credit.

Tell the security guard:"I'm a property manager for ____ st""I'm a repo man, I'm here to get a car""I'm here for the open house" :mrgreen: I've also used a lot of lines that failed horribly.