I am seeing $950 for 2/1 1000 sf dated house in Smalltown USA. 

If you look at the winterization sticker there is usually a date.

Thomas welcome fellow Chicago Suburbanite to the BP Forums.

Welcome my fellow DG'er to the BP Forums.

hey justin, fellow realtor and investor here and lowell, inalso work for the fire dept.

Check out www.facebook.com/REPGLincoln to get in the loop and keep up to date on meetings and other things happening in the area.  

I simply am looking to build my network of fellow real estate professionals,

My experience to-date has been primarily SFRs in Lake Oswego, Tualatin, & Tigard.  

SO the effective date of reaching the 78% LTV (where you need to get to using market appreciation and principal reduction) will likely be a lot sooner than 6.5 years using principle reduction only. 

It’s good to see a fellow Southern California investor!