Along with PHX Nw west took a 10 to 20% hit across the board.. with high end IE over 1mil in some instances seeing 50% devaluation.now that was in SFR rentals kind of held there own.. but still went down.

Originally posted by @Suly Bolanos:Whether you own 1 or 100 investment properties I'd love to get your answer.Thank you kindly, Suly  Suly,I've acquired over 1,000 apartment units over the years and my answer to your question is OPPORTUNITY COST.That WAS my biggest expense (I am a lot more careful about my time now).For instance, more than 10 years ago, when I didn't have any properties, I was given an 8-unit building in the war zones.

Also, ask yourself whether pursuing this is worth it - for instance, does the amount that they overcharged you exceed the cost of legal expenses?

In that instance, I'd have 800K into a 1.1MM 4 plex, let's say.

If it were in Denver, for instance, I probably would put my best educated estimate into my offer then have a GC go through after it's under contract since properties move in hours here.

You could make some mistakes that cause loss of principal for instance in any of numerous areas such as market selection, property selection, purchasing, rehab, etc..

For instance, if a family member wanted to transfer ownership prior to closing?  

For instance, if a family member wanted to transfer ownership to another family member prior to closing?  

NC I think had one of the big famous bust by FBI for colluding to stymie competitive bidding.. it was rampant in Oregon in my day.. although it calmed way down with a lot of new players and those that charge to bid and buy for others..  

For instance, it depends on what class of property your talking about, the debt structure you have, your market, your time horizon, how your lender is capitalized in other business classes that may affect their ability to lend, etc.