So rather than quit either one, I've learned the fine art of outsourcing and delegating.

I cam't tell what stateyour in - I'm in CA and a developer of which has had to hold the HOA for awhile - It is a Corp - owned by the homeowners - managed by the Builder - in CA once 50% is sold you need to turn the control over to an outsource - a president, secretary, treas. that is not the builder - last post is correct - it will all be laid out in your CC&R's / Bylaws.

There's one more step after you buy the debt, which is to outsource collecting the debt to some debt collection company.

I'm in IT too, small and mid-sized businesses outsource IT management to us, Looking forward to your involvment in the BP community!

I value my time at about $400 per hour, so unless a task would cost more than that to outsource, I just hire it out.

If you want the 'secret' then get a pen and paper and write down the word 'Outsource'.

Outsource.

(if one has to learn it may take a learning curve to get things done) 3. you can outsource it to a company that handles short sale wholesale deals for investors (there are some on BP forums but they do charge ) 4. contact the listing agents of short sales and approach them with the proposition.

Any investors here that have had great results in outsourcing the negotiations to someone else?

When the HVCC was implemented lenders contracted with appraisal coordinating and outsourcing firms.