Originally Posted by Bronco_Beerslug
I don't think there is bottom yet either but there are properties out there that are hard to pass up. I bought a another bank owned two years ago and am glad I did. The price on a lot these places are so low that they will pay off nicely someday.
You can always fix them up just enough to rent for now (to cover your expenses) and sell down the road.
I hear you,...and I know you can. I just don't have the time or patience for illiquid assets.