Forced Apperception (BRRRR or buying at a discount) is also a hedge against corrections.

Hence the lot on which the house resided was taxed at a 45% discount based on actual value, while the tennis lot was taxed at about 4 times what it should have been by value. 

Unless you're buying it at a deep discount, no $280k home rents for $2,500.

The BP discount keeps it reasonably priced - worth the cost for sure.

We have the full gambit from 1) finding and buying the right property in the right locations to 2) professional execution of the design to 3) discounted property management services.  

If you are not coming in cash and you plan to hold for five or more years, its the best time to pick up a property at a steep discount and make it work until the cycle turns again.  

.- Now Foreclosures may be a good discount but at the same time I already know that there is aLOT more risk to this.I already have a real estate agent, a mortgage broker, and am getting connections to contractors and so forth.My few Questions are:- Do I need a real estate agent in this process for foreclosures?

still a 50% apr for us even with that discount but we are not long term holders

I don't know of any top producing agents who are with discount brokers.

And generally you will have to take a hefty discount trying to sell as a package.