Processing is still very slow but there are still 1.3 million foreclosures in the pipeline, about 150% as many as hit the market last year.We know that those properties are concentrated in judicial states.

Blackstone is buying everything below $300K in Sacramento, which doesn't leave much left over for individual home buyers and small investors, so there is a high concentration of offers for what little product there is.

So every day I try very hard to concentrate on what really matters to my business now.

But after spending a couple months there, my sinus problems got significantly worse, rather than improving as I'd expected.In addition, I work from home, and have discovered that the neighborhood is extremely noisy; kids screaming and dogs barking constantly, I really can't exaggerate how overwhelming it is, and it's already driving me crazy and making it it difficult to concentrate on my work.Finally, my longtime girlfriend has suddenly become very emotional about leaving all her friends behind, and that is putting some stress on our relationship.You think HUD cares about any of this stuff?

That's a great place to start.It looks like your firm's focus in commercial real estate is concentrated on net lease investments.

I think it's OK to know or learn a little about alot but also concentrate on your own strengths while finding experts in areas where you may have shortcomings.

They also red-line areas, whether they call it that or not, and won't lend at all on SFRs in C areas, even if they are still nominally willing to do SFR lending.They make far more money concentrating on doing conventional OO mortgages, which can be re-sold for very sizable fees (yield premiums) to Fannie and other investors.And the Fed's zero-rate policy is making it very easy for them to make piles of cash in ways that are a lot less work.

My goal for 2013 is to concentrate on developing a plan centered around web based marketing.

What techniques are good for selecting neighborhood/city regions with high concentrations of junker properties?

I would like to concentrate on finding motivated sellers that are within 20 miles of me if possible.Would you recommend marketing in the areas close to me and hope to find a buyer after a contract is signed?