HUD funding here has decreased a little over the last couple of years with the sequester and stuff.  

After talking with the seller last night she refuses to decrease the price at all.

However, each month the tenant make the $1K p/mo rental payment $600 goes toward principle or $7,200 in equity a year (which increases every year as the interest portion decreases each and every year).

Obviously your return on equity is decreased, it may be offset by reinvesting the cash.

Andrew,On the contrary to the previous posts, once interest rates rise (and they will sooner than later), the overly compressed cap rates on multi-family will rise decreasing the value of your property.

When: Thursday, January 16th, 2014 - 6:30PM to 9ish+Where: Rosamunde Sausage Grill (& Bar)Swans Market Place, 911 Washington St, Oakland, CA 94607Get There: Take BART to 12th St/Civic Center Oakland Station& walk down Broadway to decreasing-numbered streets.

You also run the risk, granted decreasing as time goes on, that there could be damage in excess of the remaining deposit and they could walk and you are in no better position.Just explicitly state in the lease that the ETF is one month of rent or if you prefer, have it declining over time that the lease has been in place.For an overview from the state of the relevant laws:http://www.dca.ca.gov/publications/landlordbook/ca...Two books I found helpful is Leigh Robinson's book http://www.landlording.com and Nolo's Tax Deduction guide for Landlords.

You could also call around to find out what the going cap rate is in your area and use that to make an offer (cap rate excludes mortgage payment).It seems like a lot of the duplexes are listed at higher prices because they are trying to attract owner-occupancy, targeted towards people that aren't looking to make money but to decrease the cost of ownership 

What does it mean for the changing of nieghborhoods, Market rents have not decreased and have only slightly risen in nieghborhoods such as Shadyside, Squirell Hill, etc. and what does it mean also for the poor who use to live in these nieghboorhoods and being forced out, and depreciating existing nieghborhoods. 10 yrs ago Carrick was not a bad place to live and now propertys are selling at 30 to 40% of what they sold for 10 or 15 yrs ago, because of crime and people being forced further away from the city.

Since moving here two years ago I have took a major decrease in pay, and was forced to finally file bankruptcy 6 months ago.