Many of the participants flip, invest, or are interested in investing in South Los Angeles. 

You may, however, need to do extra work if not all partners selling will be participating in the purchase in the exchange - not all gains are tax deferred.

Borrowers from participating FHA-approved lenders are eligible for 100 percent financing, including closing costs; Making insurance available for both mortgages and home rehabilitation – HUD's Section 203(k) loan program enables those who have lost their homes to finance the purchase or refinance of a house along with its repair through a single mortgage.

Would anyone care to participate in such a gathering?  

I'm not 100% sure about this but I believe if the business does not involve real property there are no licensing requirements for participating in the sale/purchase.  

Even when it is allowed some brokers will prohibit their agents from participating in dual agency.

Or maybe even, you've flooded enough that you're participating in HCFCD's voluntary buyout.Also for non-homeowners, say they were basically ready to buy before the disaster, had the money saved up, would have been using an fha loan anyway, maybe waiting for a lease to end.

Account ClosedThanks for suggesting that I should wait until AFTER to see if the property sells.That's what I was thinking would be the best way to do it.Don't participate in the bidding process.

@David Thompson, your blog entry on 25 FAQs was awesome, like a mini-textbook on the ins and outs of participating in a syndication.

Keep participating here. :)