If it is listed, I presume you have a Real Estate Agent you are working with.

So that's a very significant piece of the 50%.Your strategy of buying (presumably with a low down OO loan), moving after a year and buying something elses is a strategy people sometimes use.

I am a teacher and qualify for a HUD home which means that I can presumably purchase a $200,000 home for 50% off.

Why would a motivated seller on an absentee list (someone who I presume wants to get rid of a property quick), want to remain a landlord?

The person in charge (fiduciary) presumably has the power to sell or transact on behalf of the estate or trust.

Steven Hamilton II - Sounds great...I'll be up there a lot over the next couple months, I presume

My second question is if I hire a traditional builder or developer to build on the lot which I own, am I better of from a liability standpoint to then deed the lot over to the builder (presumably so its on them if a worker is injured) and then have the property deeded back to me when done?

This presumably comes after many rejections from landlords who see the obvious, and that is that if she did not pay her previous landlord what makes you think she will pay you?

And, presumably, I was well compensated in the Bay Area so I can afford that Class A rent as well.

$1700-1800 I presume?