It talks about a slow, depressed market...and they're from CA.  

I underestimated how slow hawaii contractors are to respond!

The market in upstate is slowing down a bit for retail, but investor sentiment remains strong.  

So far, I am content in taking it slow, soaking up as much as I can here so I don't make too many mistakes along the way. 

So, I am making money each month, just not in my checking account.In past 4 years, the house has appreciated nicely here in SoCal but now the appreciation seems to be slowing.

In such a case, any amount remaining once all debts and costs have been satisfied shall be returned to the mortgagor.Conversely, when the mortgagor has little to no equity in the property - particularly where the equity is less than the sum of all amounts owed, the court may shorten the redemption period and, at least in our experience on this end of the Country, enable the lender to take possession and sell the property at a price between what is owed and FMV.2a) When you reach the stage where the lender has filed a Statement of Claim, the note extended to the mortgagor has been accelerated and is due in full (principal, all accrued interest and any costs or penalties).   2b) During the redemption period the mortgagor has the right to redeem (buy back) the property.  

Not impossible by any means, but not ideal, and the feeling of indebtedness would slow me down or limit my demands to see houses.

We can take straight depreciation, or accelerated depreciation on certain components in the complex too.  

And slow.

It starts slow and unimpressively - but that $200 monthly will become an extra $2400 annually to throw at your second lowest mortgage.