s back yard!

She said the client loves the home, but she "The AGENT" & the clients mother both feel it's too much home & yard to upkeep.

Sewerage filled the yard and the new homeowner had to hire another contractor to fix the mess.

Good luck on this one.You will see the dog gone and then it will come back with them saying they are just keeping it for a few days etc. and it will be gone again.Also their friends could be breeding the pits and wanting to dump them off to your tenants.These types of tenants are the lowest of the low.Tenants always get mad about the dogs saying they get a bad rep etc.I tell them insurance will not cover and if they want a dog like that they do not belong in an apartment but a house with a big fenced in back yard where they have the space they need.The tenant says "Well I can't afford a house like that" to which I say "Then you don't need a dog like this!".

I think the mistake being made here is ASSUMING all markets are the same.For instance I see a response from some in California that everyone wants to own a home.That might be because they are used to buying on appreciation and feel it is going to go back up wildly and don't want to lose out.In other states that do not have wild swings based on speculation and appreciation renting is very hot.In Georgia many do not want a house to own.Taxes,property maintenance,qualifying from lenders,market is still flat,does not want to be stuck renting out if they have a job transfer etc.So for those reasons apartments and rentals are hot.You have to remember what drove many to purchase was viewing the property as a refi cash bank.When that left so did a bunch of buyers.So I don't see this mass recovery.If lending loosened up a bunch and interest rates started to climb that would push people off the fence to buy.I just don't see the masses fixing credit to underwriting standards of today to create fast absorption rates from buyers buying property to live in.I do agree that pockets of the nation have started to recover and in those areas you see multiple offers such as New York urban core etc.The outlying areas across the nation are still very soft and will take time.

Then you are left with tearing it down and demo cost and the worth of the empty lot only at that point.Unless you have commercial or valuable land afterwords it would be better to buy a developed lot in a subdivisions already then raw land on a small lot unless you can sell to the neighbors for a bigger yard.

The thing I am seeing is bunch of previous homeowners that have kids, pets and debt that are used to having a yard and cherish the family pets that just dont fit into the apartment mind set.

If you like beer, the yard house is a must.

I had tenants paint, do yard work, etc.

What sets a house or even a duplex apart from an apartment is that it has a yard.