Had these developments been a privately funded endeavor the developers would have had their own skin on the line rather than the "country's" skin and the failure of individual private developers can be absorbed (hello Trump) by bankers and REO buyers.

If you have a POA from the seller allowing you to do something like this is that trumped by the default somehow?

"if a property is not selling", or in your case "renting" then the price is too high...i don't care if donald trump is your property manageri used craigslist for first time this weekend and i am shocked with the amount of phone calls i received, much better applicants than local newspaper

Nothing trumps quasi-liquid assets for “reserves,†but the liquidity carries an opportunity cost price tag.

Even Donald Trump doesn't buy everything that comes his way but refers deals to his buddies.

I guess the vanity trumps common sense in many scenarios.

What was Donald Trumps first deal?

I've heard good things about Trump University.

Ross, real estate attorney, Senior Counsel, The Trump OrganizationDonald Trump, some real estate guy from New YorkRoger Staubach, Founder, The Staubach CompanyBarbara Corcoran, Founder, The Corcoran GroupBruce Norris, Founder, The Norris Group, investor, educatorThat list should be a good start.

Those on BiggerPockets wear a Trump costume, those not wear a Madoff costume!