Fortunately for him his investment in Madoff was not a huge portion of his net worth but it still was a hit...20M plus 8M from a charitable foundation.

Sure, the window displays are switched from spooks to sleigh bells, passing right over sweet potatoes, squash, and stuffing; but I saw electric candles twinkling in house windows, low-voltage icicles on the eaves, and big inflatable Santa’s flopping around in leaf-strewn front yards, as if lamenting the lack of snow--all before the ink on the Thanksgiving shopping-list was even dry.

I think you'll need someone that just hit the worlds' largest Lotto to be willing to do that.

It will be awhile before it hits bottom.

(heat, electric and hot water) 65K Purchase price including points and all fees.100K Rehab cost including holding costs.165 total paid for with hard money loan (4pts @ 12%)Building two floor plan is almost a clone to building one but in better shape.85K Purchase price including all points and fees.80K Rehab including holding costs.165K total.

It is really hit and miss and I do think it depends on the area and time of year.

However, the electrical wiring at the time did not meet water environment codes and I had to find mining cable that blew up the budget 5 fold in that department.

The internal combustion engine is old technology that needs to be replaced with high performance electric - not wimpy electric as they're trying to sell us now.

I have a old gas wall furnace I like to get rid of and replace with electric heater.

Folks in the price range have probably been hit harder by the stock market fall than buyers in lower price ranges.