The massive back log of foreclosure properties appears to be pushing through the system again at an increased rate in Cook County, IL (Chicago).Properties sold back to the lender at foreclosure auctions increased 62% in Nov 2011 over the prev month (1789 vs. 1100 units).

They are very innovative and actually working on flexible CPVC similar to PEX.

I put this in the 'innovative strategies' or whatever its actually called category.

My situation was kind of different.My father was killed in a car accident when I was 15 turning 16 years old.It was just me and my mom facing the world trying to rebuild our identities in life.I mainly went to school to make my father happy but I loved learning.When I had the 98 and 96's scores for subjects he would love bragging to his family so that always made me feel good that he was so happy.I stayed at home and went to college for 2 years and it was all paid for and I could have gone longer but I felt a different calling.To create,innovate,and feel alive and passionate about being a business owner.I would hang around other business owners as a teen to get their perspective on things.Amazingly most said it is good to have book knowledge but practical knowledge will get you much further in business on the street.It's kind of like a professor teaching business classes that has never ran a business in their whole life.They know nothing but theory and what sounds good.In reality I want to learn knowledge from thriving business owners who have been in the game for awhile and have real world experience.I did move out from my mom's place although I was in my mid to late 20's but my life wasn't typical like many.I believe it is fine for kids to stay at home as long as they are bettering themselves and have a plan to get on their feet.Sadly many are being and free loading and not requiring much of themselves and I do not agree with that.

The neighboring home that looks the same and has the same sq ft but is a 8 bd/ 2ba sold for 260k in Nov '11.

They actually bought the property in Nov 2011 for $40,000!

Hello it is me the newbie who is always looking for a way to get er done using innovation and creativity.a few months ago I posted that I took in two handymen/contractors as tenants the houses still needed some work and i offered a reduction in rent in exchange for their attention to these mattersI want to update you on the experience.in unit A the nicer of the two homes the contractor/tenantdid sand and stain the cabinets beautifully installed a chandelier and painted pretty much the whole house interior, no hitches or hiccups in house B the tenant performed 1/3 of the work began working with my personal contractor made a few grand on a couple of jobs and ended up breaking the lease and sneaking out in the middle of the night so to speak.lesson?

My single family project that I picked up in Nov will cashflow $1000-1400 a month.

Right now I own two rental properties, but really want to get into 'Subject to', and other innovative investing strategies.  

Imitate, then innovate.