--A couple in-person observations: I've been down around Brays Bayou a bit and it's surprisingly recovered.

You could also rent the house back to the owner at higher-than-market rates to recover some of the shortfall. 

In 2008 it took 5 years for the bottom to occur and 5 more years to recover.  

just curious. http://codes.ohio.gov/orc/5321This is the required notice: (A) Except as provided in division (B) or (C) of this section, a party desiring to commence an action under this chapter shall notify the adverse party to leave the premises, for the possession of which the action is about to be brought, three or more days before beginning the action, by certified mail, return receipt requested, or by handing a written copy of the notice to the defendant in person, or by leaving it at the defendant's usual place of abode or at the premises from which the defendant is sought to be evicted.Every notice given under this section by a landlord to recover residential premises shall contain the following language printed or written in a conspicuous manner: "You are being asked to leave the premises.

Hi Everyone - As you may be aware, BiggerPockets' Founder Josh Dorkin, and long-time podcast host Brandon Turner both live on Maui. I've been in contact with both, and they, their families, and friends are accounted f...

If you want to access your equity to give it real value, you have to either sell the property, which means if you sold it for full value, you would only get an 8k profit (probably eaten up at closing), or refi...which would give you an even larger negative CF.The Positive CF answer, started showing a real profit once the CF recovered the DP money in year 3.

Anymore than this is usually overkill and will cost you money you won't recover. 

I mean- how much can the buyer really recover when they paid say- 20% or 30% more than a properly rehabbed house?

The PITA is what is stopping me altogether, even though I'll be able to recover my entire investment. 

Oh, and there was a LOT of them, most of which will never recover.