The buyers will likely undercut the market in terms of rent to get their units filled, which they will be able to do profitably because they picked up the properties so cheap.Between these two forces, it's fairly clear that any over-leveraged buy-and-hold investors may be in trouble, which will just fuel a new wave of market troubles.And while MikeOH is probably correct about entitlements ending at some point, the shorter-term reality is most likely that the government will reduce entitlements to stay in line with reduced market rents, which will push rents down even further.In other words, if you're a buy-and-hold investor, make sure you don't over-leverage, ensure that you can afford a drop in rents, and keep picking up cheap properties in order to "dollar cost average" your holdings.Personally, I plan to start buying apartment buildings in the next year or two, as I expect prices to be such that even with significantly reduced market rents, there will still be a great opportunity for cash flow and long-term appreciation.My my $.02...

After all theowners, three retired doctors pushing 80 years old, who owned the lots and buildings outright fully expected, I'm sure a low-ball offer and you short sale experts out there, I assume there are a few of you here, must surely think that in order for a transaction to be a "short sale", "it's your goal to short someone on the sale, right?"

They want me to push their product and I have brother up near Modesto who could sure use the help.

It has been my experience that a short sale offer might push loss mitigation for a second look.2.

I'm also very concerned about what the corrupt administration will continue trying to push through.

Do not let your frustration at not finding deals push you into a bad decision

My theory has always been that maybe by going straight to them, they will push the bank towards my offer opposed to one from a buyers agent where they will lose 2% commission.

The companies satellite office is in Charlotte which I was pushing hard to get into, unfortunately it's much smaller and less work so no guarantees...

The article also predicts that the next wave of foreclosures will push the excess supply to 21 months.- Ken G.

I've found that sellers don't usually like to give a rent credit so don't push the point though I usually give a credit if the spread is large enough.