I've ramped up efforts to buy more lots, but it's blood sport to get the right dirt, at the right place, at the right price. 

The media will over-hype absolutely ANYTHING if it gets them more views, because that's their life blood. 

Keep in mind that a "eye for design" is good but not as critical as other qualities such as "smelling blood" (recognize a deal when it appears) - and even more important, to think on how to make it happen at the right cost (construction costs can differ dramatically, when you take non-local labor and know how to get the materials on cheap etc).

sell your car, watch, cell phone and blood. 

It’s not worth your time and energy to try to get blood out of a turnip.

It took about 1 year from start to finish, but the rewarding feeling I got after all of the literal blood, sweat, and tears of 1 year of very hard work, was worth it all. 

Now doing that many rehabs is a little different, but 20-30 rehabs is completely feasible.I know it sounds like a lot, but, Isaac, I see and meet a LOT of new investors that just want to do their first deal or two, and seeing one that has done the first five or six and has the deep desire to grow their business just gets my blood PUMPING.

I can't imagine to many situations were I could be convinced to do this for someone unless perhaps it was a blood relative.

I thanked her for her time and hung up.She had my blood boiling to say the least.So do I continue to file with the county as non-regulated or is there really need to get a RE attorney in the mix?

Jeff your correct but like you said we only need a few properties to be ok.The thing is news like this can be used as a negotiating tool with potential sellers, most people will read this article and not delve as deeply into it as you did.I mean think about it warren buffet doesn't buy when the market is hot he buys when blood's in the streets or so everyone is told to believe.A board like this were we can trade information about asset classes that are strong and will remain strong can be a great wealth builder and i'm in this game to win.Also you make the point that if something meets your criteria and you didn't bend over backwards to make it fit will still be a deal.I think there are very good information on this board about how to get a properties true value and work off those numbers so i doubt anyone on this board should get burned if they ask questions and don't go against their better judgement.