I personally don't ever count on appreciation - cash flow should be steady no matter the economic climate.  

This type of economic environment doesn't bode too well (in my opinion) for investors looking to get in.

It is a simple case of the economic concept of supply and demand.

But, it's not, and he's not economically in a place where they can repair it. 

Then calculate your projected NOI=GPR*EO - Expenses, where GPR is gross potential rent based on market rents, EO is economic occupancy factor (inverse of economic vacancy(EV)).

I have a background in economics and currently work in budgets, so I'm at least minimally financially savvy, but I know there's a lot to learn.

Intrinsic values cannot be proven so much and therefore are not used to appraise real property, if we were selling antiques on that antique road show, buyer demand plays  more of an economic role in the auction frenzy.

If you want to keep track of the economic trends that impact local RE values, there's no better nor more pessimistic news outlet than Seattle Bubble, which is constantly scanning for signs of price devaluation and parses the factors down to the DNA level.

In addition to all of this economical stuff, I've been thinking about starting to do direct mailings.

SFH), of which there hasn't been much new supply since the financial crisis.