BOOM, gone.

boom next week I find that property, buyer doesn't pull trigger or comes up with other lame reasons.

There was an awesome article in the Charlotte Observer (see the link below) about the current building boom in Charlotte and how it compares to the last massive building period in the early 1970's - including a discussion of some of the complexes that were built then and how they look today.http://www.charlotteobserver.com/news/local/articl...Takeaways:- Trendy apartments go out of fashion, and will offer frequent opportunities for renovation.- Despite falling from a class A  to class C level of community, the rent growth over the past 45 years in these complexes was 3% per year on average.- Today's B and C class apartment complexes generally started as class A apartments decades ago - that's where the best returns are for developers.- Unit mix is important - having most or all 1 bedroom units limits the customer base and increases turnover.- Real estate is forgiving - as long as you keep vacancy down and don't let deferred maintenance pile up, the properties will do OK. 

Boom baby.

During the boom, groups of mortgage were assembled into a "collateralized mortgage obligation".

I then grabbed a few sheets of scratch paper and some sticky notes to write down everything that the debt collectors tell you, that way when you speak with multiple collectors in that company, and they tell you different things, you will have your notes.

So make sure you do it all at the same time as closing.Also, keep in mind, each state has a statute of limitations for how long a collector can legally go after the debt.

With little indication that big budget film is returning to LA and the apparent boom happening in ATL, we are at present trying to decide where to invest next. 

This partially accounts for the real estate boom in USA, especially Seattle.I am curious why Canada can do this, while nothing similar is done in USA.

Columbus was never a steel/manufacturing town like Cinci, cleveland, st louis, Indianapolis etc, so we never had an industrial boom/retraction that left a bunch of extra "working class" housing that can be picked up cheap..