I always have numerous ads running on craigslist and backpage for buyers.

You need to know if that's the case in this market, or if these houses are selling and holding their prices.You imply there are numerous houses for sale in the same neighborhood.

Find your niche and grow it.The possibilities are more numerous and more rewarding than when Microsft and Apple were created.Some things won't change, family, honesty, integrity, the need for food shleler and clothing....everything else is a wild card.What could we do with a billion dollars each and the same willingness to share that we are displaying here, now?

If you have a lot to invest, there are also numerous home builders that were foreclosed on, or close to it.

I know numerous people that do this (fairly) successfully.

I forget where, but someone I read about suggested we just suspend the income tax for a year.It would cost about the same as any bailout might, and man, it sure would reward the people who work hard and keep this economy going.

Value gets rewarded.

I will try to answer most of your questionsOwning a duplex and living in one unit while renting out the other offers numerous tax advantages over owning and living in a single-family home.

Waiting 6-12 months may reward you with much lower prices.Some investors thought 3 years ago was a great time to buy - I wonder how that investment turned out - "flippers in trouble" blog.I know it's tempting to snap up these amazing REO deals - perhaps 12 months from they may not seem so great.

I'll never begin to understand how and why a borrower should be rewarded by being able to stay in their home, yet not pay the note.