Through multiple layers of hearsay, I have learned that the major player here in my neighborhood has stated that he will no longer develop rental units and instead focus on commercial. 

I am thinking developers/operators and some funds/institutional money will be big players in these zones, although if smaller investors can find big enough value add opportunities there could be the potential for some big long term savings.Interestingly enough it appears that the Mall of America is smack dab in the middle of one of the OZ's.

I am sure there is truth in this, if attendance jumps- people eat around the stadium and also vacation to LA to see the possibly greatest player.

Great partnerships are built on open and transparent terms of engagement that are beneficial to both sides.

Where do you normally start researching the economic clout players in a given area then since you do not use a database?

I was a football, basketball, soccer, hockey player but never had the grades to be able to play for my schools so i was part of the school drama and later speech and debate team wich let me expirince life and environments completely different from mine while also providing a family feeling i was in search for. 

Wholesaling scares the heck out of me; is that a legal process that a licensed agent can engage in? 

I'm currently engaged, and love the idea of making this small home livable again, and living in it with my future wife (wedding late next year).

Thank you for contributing to this post and let's engage/encourage one another!!!

Take a look at some photos below to see some of the things you should be prepared for if you engage in investing in these blighted areas.