I have a college business degree with emphasis in real estate.  

So if you put it all together......After following Jons advice which I think should be the initial step, then you should get right into the numbers in general and then specifically, financing availability, investment resources, on a more global aspect how does the project fit into the areas master plan, is the area upcoming or stagnant....then you should flow right into Corey's description of due dilligence....What I mean by getting into the numbers is basically, does it make money and if it does....how does the return compare to risk and does it have a reasonable time value factor.....Is the project a good investment if I were asking you to invest your money in it?.....

If the US can maintain dollar hegemony we will continue to be in the best position in this global collapse.

Is anyone else concerned with the fact that commodities are rising quickly DURING a global recession?

- A Short Sale request is to be approved or denied within 10 daysThis is positive news for short sale investors as it shifts emphasis toward short sales, allows a defined marketing time without risk of foreclosure to the borrower, prevents reductions in realtor commissions, drastically shortens time frames, fully discharges borrowers, and apparently allows for submission prior to being in default.Links for related articles from: Reuters: http://tinyurl.com/yk64mbs Yahoo News: http://tinyurl.com/ydm43yg API: http://tinyurl.com/yj35shj

I guess we can blame it on global cooling.

I have a firm grasp of globalization and how wonderful capitalism is.

If this becomes a global trend (away from trading USD) then it would have a major effect.

Unfortunately, bank must follow certain regulations and meet global debt service ratio's. 

Not everything we read / listen on the web is 100% accurate, but to some extent his pitch might help people understand what's happening on global scale to think through and adapt/adjust their investment strategy if necessary.Any thing that we could learn and apply as a RE Investor?