@Jordan Powellhello, I just wanted to add that a lot of those students stay in Tallahassee to work after they graduate. plenty of them looking for housing off campus as well

Otherwise, that tenant could stay and just pay you what you're due from your closing.

His unborn child will stay with him part time.

He sees his best chance as walking away from the place under the terms of Settlement, and taking the add’l credit hit for this, but being able to start fresh somewhere else.ACTION: I asked him to email me a few-sentence summary of what he owes, what the current state of play with the bank is, etc., and told him we’d look at the numbers and see if there was a way to help him.He has plenty of motivation, but negative equity.

(unless they turn out to be dream tenants , get started making reliable income and want to stay).

Stay out of it.

I like @BriannaSchmidt idea about the open house, I work full time and the only time I have an issue is when I have a unit vacant, but I deal in houses that just don't have much turn over, screen my tenants well, and the average tenant stays 2+ years, so that isn't much of a problem.

I wouldn't know whether to stay in the first unit I buy or move into the second when I purchased it because I've read that it's much more difficult to get a hold on a mortgage loan when you're purchasing as an investor rather than someone who's going to actually live in the property.

I used to go to games there and it was BAD. it's turned around. same thing with cabrini green (north side near Lincoln park). big-time $ there now.by and large though, 99% of the time, a bad area won't turn around though. personally, I try like crazy to stay away from S8.

However, I think you have to assume market will stay about the same or go up; otherwise, why would you take on the project to begin with?