Significant upcharges and kickbacks were verified and the problems were not being fixed similar to what Bear Dawg describes.  

The vary nature of an appreciable asset is that it is a mirror of the state of inflation and the market economy. there in it will have a cyclical nature, just as does our economy, Bears & Bulls. 

However, I'm currently demo-ing a load bearing wall because it is over 2 inches out of alignment and the labor costs to twerk around this are greater than the materials cost to just get rid of it and start over.

Personally I don't see why certain groups should solely bear the brunt of a government enforced shutdown - that includes tourism, restaurant, airlines, retail, and property owners.  

And I watch The Big Short movie at least once a month to remember when New Century mortgage, Lehman Brothers and Bear Stearns went out of business.

I wouldn't trust anyone who claims with confidence that they know how such things will play out ... beware of geeks bearing formulas :)I myself try to invest countercyclically ... when the market tanks I lever up aggressively and go for growth, and when it is hot I deleverage and transition from growth to safety mode.

I took away a nice point that bears repeating: Don't just take what you see on paper as fact or assume anything... actually visit (at night), make calls, experiment with actual ads.... you broke through and luckily saw the reality of the deal and stepped away in time.....

We have clayey soil here, which contracts when you don't water it and foundation moves.

Bear in mind, STR's are allowed in Sedona, and our clients are doing great and will continue to do so.

These houses can be ready for occupancy in as little as 90 days after the slab goes vertical, and I have the data and machine manufacturer support to substantiate this.Our goal is to build for $150,000, with an additional aim of keeping site work, land costs, underground fees, soil samples, etc., within a $50,000 budget.The plan is to finished homes for $200,000 total.