I understand that lay people can't 'diagnose' but as a landlord, you can save yourself a lot of grief by being informed about the different types of personality disorders and recognizing the signs-- especially of the cluster B disorders.

The owner I worked for could afford an army of attorneys, but he was a depression-era kid, and hated the idea of having to spend money on attorneys.  

I'd love some input into the idea of buying cheap properties in a economically depressed area with cash, and selling them with owner financing as a means of income.I have purchased two properties in the past with owner financing when the market was bad, with low down-payments. 

I'd love some input into the idea of buying cheap properties in a economically depressed area with cash, and selling them with owner financing as a means of income.I have purchased two properties in the past with owner financing when the market was bad, with low down-payments.

Its been historically depressed but growing now with economic development it hasn't seen in decades. 

However, you should know that the area and communities North of Memphis tend to be much more depressed than the areas and communities to the East of town.

I think it will get worse and there will be a deep depression and 60% loss in stock market.

The idea is that being outside in the sunshine is healthier, rather than being depressed sitting in your house. 

But from my research, you can not disqualify someone for drugs or alcohol felonies because it is considered a "mental health disorder" You can always find another reason not to rent that doesn't have anything to do with that. :)

If there is a “recession” or “depression,” the dilemma for me is to buy up cheap real estate, or retain that $ for operating income in case people can’t pay rent....?