Some may see it as a waste of time, but even if a certain niche is drying up and very competitive, at least we get some experience looking within those avenues.

@John I find it interesting that you are in a cash flow heaven state (IL) and looking to invest in cash dry CA!

In some states this is illegal (what is known as wet vs dry settlements) This is when you need transactional funding.

Dry ice the line where it enters the house, replace the valve, let the city take all year for their end

Anything that large has to go through a DRI review for the state on how it will impact the area.

Paul and just bought our (and my) first house in Oakdale MN (suburb of STP), and after some painting, a new dry bar, and a few updates to the bathrooms, we are extremely happy with the way the house looks!

That leaves you high and dry defending yourself.

I'm trying to get this money I'm earning now to start working for me because it will be running out soon (war is ending and jobs are drying up).I've had less than a year of time that I've been reading and educating myself about real estate.

Marie's post about her dealing in RE, this could have been used to cover perceived dry spells.

It's a coin toss.I'm sure that I would have to speak with a real estate attorney regardless.However, I would like to know if anyone has acquired property using this method and what your experiences were/ are in these types of deals...I'd love to know how to grab these before they rot away and fall down.Thank you so much for your feedback BP as always!