In the meantime I started marketing the house with for rent signs, news paper ads, Craigslist, and several other internet sites.

Single Member LLC’s have been in the news for failing to provide liability protection in 2 ways. (1) Someone sues you and gets ownership of the LLC or rights to distributions of the LLC; and (2) someone sues the LLC and you are liable because the veil had been pierced.

I guess this is old news, but I just saw that they updated the HARP program (HARP 2.0) to include investor loans and eliminate the 125% LTV requirement.

Hi Sam Sagor, I did a quick search in the links section where news articles are posted on BP.

http://finance.yahoo.com/news/new-american-dream-is-renting-to-get-rich.html

I agree that the value doesn't appear to be there when silver was at $7 just 10 years ago, but it's also difficult to ignore the spending by the administration and the answer to the American and European debt appears to be print more or raise revenue, instead of cutting spending.

The good news is that most people around here are very diciplined and prices for properties haven't gotten out of hand.

News papers used to have sales of properties printed in papers from time to time.

I'm about 5 miles from Seaside, where the roller coaster still juts from the ocean (if you've seen it on the news).Many of the houses I'm receiving calls on have flood damage.

The good news is BP and Red Cross will both benefit and the family affair Super Bowl should be a good one!