Dennis is buying 15k homes in one of the most depressed markets in the US.. so you guys are not even on the same planet when it comes to what you guys do for a living. 

The people I'm talking about are not learning disabled in human psychology's understand of learning disorders, they just suck at self-learning.

Yes, I started 10 years ago to diversify my skill set to dodge the great depression job cuts.

I would recommend getting the financing portion (both conventional mortgages and hard money) ready as soon as possible because you'll be depressed if you find a deal and you don't have that set up.

Great businesses rose from the Great Depression without internet.

I heard the market is so economically depressed.

I've done all (mostly all) of the thing major cutbacks I can realistically make without slipping into a state of isolated depression.

Right now, while there is the most uncertainty and worry about this slipping into a full-on recession or depression is when most of the competitors for deals will be sitting on the sidelines.

Cash and marketable securities are important as well as substantial equity in property, among other things. 4) Credit history and score: 5) Collateral: Is the property falling apart, is it in a depressed area or an emerging market.

As will the final payment (cap gains & depress. recap.) in 5 years if & when you refi.