They're still driving king cab, dually pick up trucks to the grocery store (although not as many people are buying them) and while starbucks sales/profits are down I still see folks in there putting the lattes on credit cards.Another thing that makes me an optimist (about finding deals that is) is that I know that even in good times some people get in trouble.

Not sure what you can legally do in California James but I would certainly get her some pepper spray and basic defense training.

Thanks James.

The “As-is” part of the sale wouldn’t require major expense up front and the value could get back up there with a little TLC, which quite frankly, I would be looking forward to.I realize cash is king and if I had it, I would make the deal and buy the house.

They are about to enter the summer season, and although they aren't a strictly seasonal company like, say, smoothie king, I believe they do have some lower sales during summer months (I mean, who wants a hot coffee in the hot summer weather?).

James,Just when I think you are sane... ha.

Congrats from the number 1 poster (lol James)!

The article in James' link doesn't specifically say, but it looks like equity skimming to me.

James you hit the nail right on the head with this report.

Valid points James.