You can take money from the Trust as a benefit or convert assets to yourself, e.g. write yourself a check and put into your checking account, then buy that diamond ring.  

@Erin Dorsey Robinson I know someone who learned the diamond business.

Millions Diamond Program?

Anyone up for a coffee at diamonds cafe Saturday morning?

However, I always get confused on what to do with properties that appear to be diamonds in the rough but they have water in the basement.

I host a free networking group called Black Diamond, here is a link to the next free meeting tomorrow in Waltham, we get about 100 real estate investors at each meeting.

The most beat up property could be a diamond in the rough for the right rehabber.

The grand administrator.Projects are presented to the trust through underwriters such as Apogee.Note these other organizations are/were underwriters during the psat few years:A Diamond Investments, LLC - my understanding this is an Alexnader companyThe Boyd Consortium, LLC - a Brian B "boyd" Higley company I found these companies related to the company when i did my research in '07.at the time of our deal, Apogee Ventures was a Nevada limited liability company.The following link is to a SEC filing of a company which was working with Apogee and they even indicate in the filing that their future is dependent on the grant.

But I've also started flipping nicer homes, the key to that is finding distressed sellers.Like I mentioned before, you gotta dig thu a mountain of crap to find the gold and diamonds.

@John Casmon while they probably want way to much money from there run down buildings, they  are also probably the whining, complaining about everything slumlord, and everything is the tenants fault (including the roof leak and no hot water) but you could always try to market to them and see if you could get a deal, search through enough coal piles and you will find a diamond mentality.