If they drop to 2008 prices, I'll be one of the first ones lined up making an offer lolNot sure about commercial RE with some vacant office spaces and businesses (what were stores and food places) here but there are still are still lots of businesses here ya and office buildings in SF are in free falls as well.. office is the hardest hit segment..

While I do not agree with Dave Ramsey about everything, there is a segment of the population( The ones that cant wait to buy their next flat screen because its only $29 a month) that needs to follow his planI used OPM to do my flips for many years but I will tell you I do sleep a little better at night with no debt

Its flagship brands include Comfort Inn, one of the largest limited-service brands with about 2,400 properties; and Quality Inn, which serves the midscale hotel segment through more than 1,200 locations.

With that many years on the earth i challenge you to find your competitive advantage as you will have distinct advantages over others in their 20s or 30s just starting out because of all the relationships you have built, skills you have acquired, and places and situations you have seen.

@Michelle Belinfante I use CallRail which gives me 10 distinct numbers to identify marketing funnels from.

The real question is how much this would skew the plotted data.Currently, I do split the market into the avg high, mid, and low $/sf segments over time, you can see the high-end (renovated/new) product shifts with the most magnitude (across almost every market not just 91324), but this does not represent absorption like you desire, only $/sf:To research your hypothesis, I would have to:1) Select a year's worth of transactions (ideally across a 10k+ transaction/year market to be representative, say Los Angeles)2) Manually review every transaction's photos, marking them 'Renovated/New' if it is, to segment this transaction data from the rest of the transactions3) Calculate & plot absorption of the 'Renovated/New', and compare it to the absorption of the rest of the transactions4) When overlaid atop one another, their slopes would reveal the impact you mention in your hypothesis #1     -If you are right, we would see the cheap houses slope increase heavily Q1-Q4, with the expensive houses slope decreasing Q1-Q4, and vice-versa.I've run comps thousands of times when underwriting (looking for high-end renovated homes to use as comps) and I have yet to detect such a phenomenon.

The distinction between the two based on police records.

I talk about my experience starting up on the BP Podcast: Show 25 - My segment comes on around 48 minutes.

I'd do it as often as possible as long as it was normal within the market segment.    

There's a distinction.2.