With HUD it depends on many things when purchasing.If for instance the purchase was part of the good teacher,police firefighter etc. with the discount you have to live there so many years period or you will have to repay some money.Also if your buyer bid during the owner occupant only period to get the property and will never move in that is fraudulent.Investors frequently use to do this to not wait until the investor period came.It is a crime to do this now.Some would also say they were living there to get an owner occupant loan with a lower rate.This is committing mortgage fraud.Many do things to ride the line everyday and some get burned and others do not.I wouldn't want to be on the governments radar though.So without knowing the specifics of how the transaction went down it's hard to say.If the title company says 2 years and they do a lot of HUD then I might take that at face value.I have seen HUD go out to properties before,check where mail is sent to for taxes,etc. after they were bought.

Setting up HML or JV with investors is more time consuming than riding with a reputable group who is already seccussfull.

In this type of market, like the 90's, I try to get the rents up and the mortgages down and ride it out as best I can.

Over leverage is taking out too much equity and not be able to cover the debt service or have enough reserves for their investment to ride the ups and downs.

I only pay mine if the house sells, no way they get a free ride on my dime.Brokers only get paid when it's sold and stagers are just another member of the marketing team, make them put their money where their mouth is when they are telling you how quickly it will sell and how much more it will sell for.

Otherwise just enjoy life, travel, read, hang out at Star Buck's, do volunteer work, ride motorcycles, weld.I like the full investment idea where you don't buy property, but I'd need something to keep life interesting and have a sense of purpose.

I guess we call get to just hold on for the ride.

Force the appraisal by way of Lender Commitment time frames and on properties you are worried about ride the crap out of it to get it done and in so you loose the least amount of time possible.Some ways to get ideas of how to have better contracts, take a look at the contracts from the foreclosed REO in your area.

Sounds like what ever real estate agent you are talking to is trying to take you for a ride.

I mean do you ride around the neighborhood locating what they want, pay someome else to find the deals, or use advertisement?