The offer was accepted so I proceeded with my realtor to sign all of the documentation and get everything squared away.  

I only do this for a short time, if the property is vacant.At lease signing, we both sign all the documents, they hand over all money in cash or equivalent (ABSOLUTELY no personal checks), and I hand over the keys. 

This is a trend that has been in place for a long time and just because prices of gone up and cap rates are compressed does not signal a top IMO.  

The current technology uses infra-red signals like a tv remote, but some of the new ones are using blue tooth.  

Then you sign all the contracts and closing docs as trustee of the trust.

http://finance.yahoo.com/news/Economy-grows-in-3Q-signals-apf-3242332094.html?

Rents havent kept place with property prices, and although this is likely to be a signal that prices in that area will rise, hard to see them almost doubling in the medium term.

Paul,Reese was approved for two different lending options through BoA.One included full purchase and rehab, the other required 20% down and rehab costs paid out of pocket with a streamlined refinance process once the rehab was complete and the occupancy reached certain goals.Since Reese had someone willing to front the money, he chose the second one because the terms were much more attractiveI've heard others talk about getting mixed signals.

In my subprime situation, my agent and loan-office inflated my income, convinced me to sign all the documents to "move things faster".

Paul Krugman, the Nobel Prize winning NY Times columnist and noted economist, thinks the plan is doomed to fail.Considering that Professor Krugman is a major Obama supporter and Keynsian economists who believes in big spending by government, this is a signal that all is not right in Obama-land.From Krugman’s March 22nd column:Speaking of the plan: This is more than disappointing.