The cost is built in somewhere to what they are doing.We get landlords offering free rent here for 1 year.The rent isn't free on commercial as they then have year 2 at a higher than normal rate to recover some of the lost rent and then built in escalations that are higher and more frequent than normal.Never get sucked in by a gimmick.I tell all my clients to be slow and methodical in doing a deal to avoid "knee jerk" reactions.It takes a long time to make money and a small amount of time to lose it.You also have to watch out for if they are in pre-foreclosure or not.They could be trying to collect an upfront payment with free rent and then walk.

I guess my suggestion would be to do a tremendous amount of research before you just think a particular area would automatically lend itself to finding an investor or a tenant.

With that being said, I see this Summit as a tremendous opportunity to take my REI education to a whole new level and learn from people I've come to know and trust here on BP.

By accepting a "loan" from the government via TARP and paying only (say) 5%, the banks received a subsidy.That definition seems tremendously arbitrary to me.

And the closing attorney escalated the case but he cannot get any information from WF.

Currently I see predominantly cash investors buying in Dayton in the areas that I "farm" but I feel confident that when the economy rebounds values will escalate to the point where retail buyer can begin to become a factor again.

I enjoy the process and feel it's helped me tremendously to make the leap into this new venture of investing in real estate.

I look forward to speaking with, meeting and creating relationships with many of you here in the weeks, months and years to come, learning from the experience of and contributing to the success of others via meaningful collaboration as well as successfully fulfilling short and long-term REI goals that I've set.To an amazing, tremendous, exciting and profitable string of future yesterdays...

I've learned a tremendous amount that way and others can too.

Your opinions, advice, and feedback has helped me tremendously.