@Precious Thompson I have lowered my rent in the past.

That's sheetrock dust making my hair look gray!!!  

Welcome to BP community @Brian Gray  It is a great place to meet new friends and learn about various aspects of real estate and more.

@Kaye Thompson To be clear, the seller is looking to purchase a property in Dallas for the purpose of holding it as a rental investment. 

@Rusty Thompson  that's unfortunate that it's like that in your market.

@Rusty Thompson@Joe Villeneuve I have been developing a plan and did not want to make the post twice as long with it.

@Rusty Thompson  I'm in the same boat as you brother. 

Hi,

I was wondering if anyone can clear up the difference between REO and Short sales (if there are any) and if you could expond a little bit on each...

The only addition I can make is that the tightening mortgage market also makes lease-purchase deals more attractive, since more people will be in that gray area just shy of qualifying for a mortgage.

In fact, I will be attending his anti-real estate seminar this November, the "Palm Beach Experience," where I will meet and interact with such great people like Robyn Thompson, Jim Toner, David Dweck, Sharon & Juan Restrepo, Sherman Ragland, Mark Evans, Doug Doebler, Curtis Brooks, Bruce Ridings, Ramon Williamson, Mike Litman, Yanik Silver, and Kendra Todd (just to name a few).If you have any questions that you want me to pass on, let me know, and I'll ask, then post the answers back here!