I have heard in some markets like Florida and the gulf coast, insurance makes it almost impossible to buy in huricane areas, however, in normal areas without conditions like that, market rents will limit price drops.

However, an LLC is penetrable if you make a personal guarantee, which you will most likely have to do since your LLC has limited assets and credit history if any.LLC's are more for when your tenant breaks a leg and wants to go after your assets.

Not 100% sure but I did hear somewhere that the limit is no longer 10, but lower.

I am an optomistic person still I do not see the light at the end of this tunnel!

Seems there is some limit to how much the banks have to pay into the HOAs.

I'd like to see politicians not get paid at all, and limit terms to 4 years and out.

Have at it, make me see the light.

I heard Maria Bartaromo state on the Today Show that "as soon as credit starts flowing again, people can get higher limits on their credit cards and get home equity loans to start spending again."

Please note that if you're looking to do dealmaking on the site in the Bulk REO space, you'll need to limit those posts to the Bulk forum.Could you tell us a little about your background?

You will have to pay taxes, and for now, there are AGI limits on making this conversion.