Cut the craps, this should open both of your eyes and ears

mls#:P600945
new:$100,000 original:$520,000
sf:1280 status:Active
addr:2545 W Gramercy Ave, Anaheim, CA 92801
http://socalhomesforu.com/ld?eq=1131176113-1172950971-SOCAL-P600945

This is just one high priced example next to Disney World and Anaheim Convention Center, only 10 miles from the Pacific Ocean. Nationwide, I would see more such deals between $5000 and $10000 per piece.

If you don\'t see more than 80% off the market peak, don\'t get in.
Question is: How much cash do you have and how much effort can you devote.