Hopefully we can make a small mark on the road to recovery with the project post Harvey.

Total build costs of 600k )this includes lot, soft/hard costs, and 60k overhead recovery to my construction companyAmortize @ 20 years, all expenses equal gross rents so break even cash flow.

Currently prices are low , interest rates are at an all time low and affordability has never been better but the missing element is confidence .Until the jobs come back there will be no recovery in the real estate market.

Judges in CA courts in my areas are very punitive when it comes to DIY property recovery.  

Investors target Orlando -- even years into housing recovery: http://www.orlandosentinel.com/business/os-investor-orlando-buys-20141105-story.html

Since most mortgagors have no idea what is bid at sale, some people make their money approaching these owners of recently foreclosed properties offering 30-50% or more recovery fees.

Thank you and l wish you a speedy recovery.

CBRE’s particular view is much closer to a “V” recovery than the views seen from many other Wall Street and big bank economists.- The global response to COVID-19 and the resulting economic contraction has been huge.

Look to unresolved findings for recovery with the treasurer and also search the attorney generals complaints.

I have some clients in Michigan.We are looking at retail strip centers though in the nice areas.If you are buying office that is a more long term play as it is at the bottom for recovery in most markets and is more work to keep stabilized.