The C$ was at parity (or stronger) with the US$, real estate in Phoenix were discounted up to 70% off, every agent who was still working wanted to help me, and there was absolutely no competition from anyoneI applied that same lesson that I learned when buying Berkshire Hathaway stock during the dot com bust - buy when everybody wants to sell. 2009 was the third crisis in which I bought assets.

I spent double the estimate.2) House has no attic for HVAC installation, also no space under the house for the duct work either.3) The boundary line cuts diagonally towards the edge of the house and cuts off some portion of the lawn.

@Lesley Resnick iBuyers are on a much better track and in the cities where they hit scale they can offer realtor cost parity with holding costs factored in. 

I wish they would keep it up to date having feature parity with the website.

Family doesn't find it's way into the definition, so to answer your question in a nutshell it's not view any differently.Parties to an arms-length transaction are perceived to have adverse economic interests, so it's rare that you've have consideration out of parity with FMV compared to transactions between family and close friends. 

He'd parked a broken down car diagonally across the front lawn when he'd been living there. 

They charge more if there is more cutting or if you are laying on a diagonal.

The Canadian Dollar was at parity with the US dollar and I had no competition.

Purchase price: $600,000 Cash invested: $600,000 Small Strip Mall diagonally opposite Gardner Webb University, 1 hour from Charlotte, NC.

So in a way, at first glance you are right by saying that cheaper properties in the midwest lowers your risk...but not necessarily.For example, if you house-hack and put down 3.5% of $550,000 - that's about $20,000.If you buy a $100,000 house in the midwest, you need to put down 20% - so that's $20,000 also so there's risk parity from that standpoint.Hope this helps