This isn't something I have seen much lately, though. 

Many are willing to waive late fees.

If it went on this morning there are 40 other buyers that are going to be in there this afternoon and they will have 7 offers in hand tonight.

Probably would be ready for sale late summer.

-if prices do not rebound we will need a plan beyond that and it will not be pretty-this can and will hit the rental market in a variety of ways and here are a few potential issues i see.1. higher end rentals could see prices drop or vacancies increase as this type of downturn could hit middle to upper income families that have not budgeted or who see their jobs or incomes decrease as companies tighten their belts and cut salaries or even lay off more folks.2. low income rentals would see more evictions and more late rent payments and potentially small decreases in price - while many of the low income families in town do not work for the oil and gas industry they do often work in service industries that are frequented by oil and gas folks or depend on programs that are subsidized by oil and gas money in our state budget. 3. property prices and values - prices are being driven up on investment properties mostly by out of state investors as there are very few areas where you can get a "decent" property for under 100k and we are still one of them. 

The forums and podcast have been go-to for me lately, so thanks for that info.I plan to focus on the East Penn school district, and find deals to rehab, buy and hold.

We called a few and most of them are late to reply and don’t seam to be to interested.

Definitely been doing a bit more speaking lately. 

I THINK California let’s you pay 3 days late before charging late fees? 

Good afternoon!