We still face a serious shortage of listings, but now, even my buyers are drying up.I thought it might just be me, but as I've talked with lenders and other agents, multiple people have seen the same thing and nobody has disagreed.How about you?  

It has dry and unfinished basement ( walls are sealed and painted white).

It feels like a lot of the low-end rehab deals have dried up.

A bank owned townhome with no mortgages or other liens on it is vacant.The HOA for the townhome assessed the unit for costs that the HOA incurred when the vacant property sprung a water leak in a cold snap and it needed to be dried out.The bank did not pay to dry out the unit or to fix it and it did not pay the assessment.  

Some have exceeded 50k because as we got into the project we kept discovering more and more damage i.e. dry rot, framing deterioration, decomposition, etc. 

For those that are asking for interior pictures, you should still be able to see finished photos on Zillow at this link: http://www.zillow.com/homedetails/509-Lakeside-Dr-...I will try to get in front of my desktop soon to provide before and afters. 

 #3 will differ depending on your locale, latitude, etc, but here in the sunny dry southwest, its basically as follows:  Roof coatings, Mini-Split HVAC units, the best windows you can afford (or glass block has a VERY high R-Value) and if you really want to go big, PV/Solar system.  

Pretty dry topic to get involved in.

I used to carpool home with a very seasoned PM, and we would be in the car together for 1-2 hours each day, and that poor guy got squeezed dry like a sponge by me for knowledge and information.

Being an architect, our jobs are usually the first to dry up before a downturn (and unfortunately, the last to come back in a recovery), and most firms are still hiring like crazy.