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Hi Former owner,
On our street I count five houses out of twelve that have been or are investor owned.
What interests me also is how the owners who seem to be affording the payments are employed:
– A prison guard and his wife who is also employed in the prison system have just added a pool.
– Two Phillipine families who took equity out of National City and bought nice places here, but are still working far away.
– A casino manager and his wife who is in hotel management.
– A husband/wife real estate broker team. I wonder how their finances are going to play out?
JS