Even in our hardest hit areas, investors are buying REOs as rentals so the number of sales is increasing.

Don't forget that if you leverage yourself on your property #1 and #2, that your debt service will increase accordingly and that a vacancy in either or both just might sink your ship.Personally, I would continue to locate deals, look for good financing and 'force' your rents at your current properties.

., average income is $100K and average home prices are $300K, I think its much worse than this in LA already), then 20 years of 3% inflation and 6% price increases gets you to wages of $180K and prices of $960K or 5.3 years income.

Here's a question: When home prices were going through the roof, property taxes (which use home sales as drivers) were increasing as well, in some areas, by a lot.

That's when the cycle gets to a nasty point and where crime will certainly increase as well.People are buying safes because they are most likely taking huge amounts of money out of certain banks/investment outfits.

One article says that there has been a sharp increase in the number of families that are actually sending money FROM Mexico to their relatives in the US to help out.

The monthly fee was just increased a little bit.

Lending will ease, though it may take a while.As a buyer, I worry that the number of REOs available will decrease and their prices will increase, since the banks now have an alternative buyer for their bad loans.As an individual investor, I'm concerned that large companies will end up being the ones to get the properties from the fed entity that's yet to be created.

coming onto BiggerPockets asking for help with their foreclosure/refinance/creative sale of their home, has really increased as a result of the current market crisis.I haven't been on this site for very long at all and I can tell there is a sharp increase in the amount of people the log on and immediately post their 'situation' regarding their over-leveraged properties.

They are in business to sell you a series of products, always at increasing prices.