Allentown is a very depressed area, isn't it?

(They're the ones that coined the term "Sudden Wealth Syndrome" based on all the newly minted -and depressed!

Stiff the seller with the property if housing prices fall during a depression as other advocate in their "mirrored strategies" currency hedge (or in other scenarios where the note is called and the deed is offered to either the seller or the lender)or 2.

If I had been 30, I doubt I would have been too concerned.I took comfort in the fact that people who retained their jobs during the Great Depression had a better standard of living than pre-depression.

I'm living with my parents fighting depression because I'm stuck in between deciding if I should work two jobs, or go to work and school in hopes to work towards a career I doubt I would have an interest in.

You can't feed that spiral or you'll never get the property.Owner carry may solve some attachment disorder that may be there but same issue as above - She'll be focused on the depreciation recapture up front (reasonable or not). 

Ddont buy in Houston.Houston has tons of inventory and the builders here are ALWAYS building new master planned communities - this is causing prices of older home stay depressed (5-7 years plus, yes thats old in houston).

You don't need to make a killer return on your first deal, that will come later, you just have to get started.Also, only rookies try to time the market and it never works, because either they think the market is too hot and will crash soon, or they think it's too scary, because the market is depressed.

Wall Street remembers and wall street played the Fed knowing the Fed would engage in QE to prevent a pandemic recession essentially transferring investment risk to taxpayers which led to very confident wall street, hedge funds, super duper very wealthy investors, very wealthy investors to engage in highly leverage investment or investment on margin with little risk of loss of principal. margin investment often results in exponential asset price inflation beyond values in a cyclical cycle. leverage investment demand creates asset price inflation. other investors invest contributing to asset price inflation beyond non margin or leveraged investment would accept. when there is a correction, the same spiral upward causes the exponential downward price devaluation. companies have to cover margin calls by selling other assets potentially flooding supply of those other assets and depressing prices of those other assets. and flooding supply of the margin call asset from the sell off and depressing prices in the margin call asset in an exponential spiral downward. each company in a panic and in free fall is selling to cover the margin call at exponentially lower prices.

Binghamton has been historically economically depressed but has a growing university, so it tends to have low property values with high actual cashflow (and no appreciation).