I basically sold my interest in the property.I walked away with 9K and a big head. 

Basically, I feel like I've survived the worst of it and I'm approaching the break even point so I should stick with it to reap the rewards on the other side rather than cut my losses.  8 years in the red, but 20+ years making decent cashflow.Thanks again.Andy

When everything has been verified, I plan to call up Joe and basically say, "Hi Joe.

An interesting article:http://www.housingviews.com/2015/04/30/will-millen...The basic answer?  

Basically just limited by appraisal when completed verses purchase and rehab costs. 

Also, you should be able to do the basic research yourself.

Basically, my line of thinking is "new construction comps are around X sqft, so this new build would have to be X sqft.

Do we invest in a 3-4 unit older home with good rental history but probably needs quite a bit of maintenance (and might not attract the best quality tenants at the rental price point) or do we go with a newer duplex that is basically turn-key but doesn't have a rental history because both sides were owner-occupied?

I ran a basic spreadsheet to try to figure out my expenses vs. my income.  

Liar loans have basically been flushed through.It seems like only the strong will survive...