No sale - great - find a decision make at the bank, talk to the trustee, find the owner (because if it is a foreclosure - the bank does not own it yet - they have to go through a ratification period, this could take months - time for you to negotiate with the seller, object to the foreclosure on technical mistakes and to negotiate with the lender for an assignment of the mortgage.)This is a wonderful business, have fun, be kind to others - don't be greedy - there is lots of profits to be had for the prepared investor.

I'm viewed as greedy at that point.I still enjoy helping people get affordable quality housing, but the factors I discussed above drive prices higher.

Don't be greedy for the dollar spread; the knowledge you can gain will be invaluable groundwork for a successful long-term investing career.As they say in commercial real estate lending: "A good operator can save a bad deal; a bad operator can kill a good deal."

Also, if anyone can recommend a "jack of all traders" realtor/broker who understand the investor mindset, that would be great.Thanks!

As Warren Buffet says " Be fearful when others are greedy and greedy when others are fearful" this is a classic example of someone who wants much higher then the local prices for an older apartment.

I also quit my job because I am a full time trader.

Greed is the greatest downfall of man. 30k is nothing to worry about, peanuts in the larger game.

I'm a producer, good at marketing and sales, and am not greedy.

Just like during the housing collapse, there will be deals on all kinds of investments: Be fearful when others are greedy, and greedy when others are fearful.If you are in the short range, I would just look at high dividend low volatility investments.

In a large city, people are cut throat and motivated, by greed. I