I started investing in Real Estate with helping my Mom buy a townhouse in the DC area in the 1970's by loaning her $2,000, later I was in the military and bought a townhouse in the DC area while living in Germany and on temporary assignment to Spain.

I felt this was a temporary situation as a few strong sales would allow these neighborhoods to rise to the prices commanded by similar neighborhoods throughout the metro area that were not similarly afflicted.

So I guess the WSLR is the temporary owner of the property now as they have it under contract?

Even though it will be a temporary banner, I'm sure you'll get at least one neighbor to complain and it would be beneficial at that point to be playing by the zoning rules.

Investing now is still a great deal and although we miss traveling, we remind ourselves it's temporary.

Below are the picture and Cashflow Analysis:In addition to the new property we got this week, we've gotten 10 new leads from the following marketing: - a house in Swansee IL from our "directory" campaign (a possible subject to deal)- 3 condos & a house in S Elgin came from our direct mail campaign- 3 single family homes in the Southside and a 2-flat in the Southside (that became a deal) also from our direct mail campaign- a 6-unit apartment plus a house (both in the Southside) from our bandit sign campaign3) Raising Money, Organization, Systems, Training, Networking & RelationshipsWe've moved to a temporary "home office" this week due to changes in our arrangement with another business of ours.The NOT So GoodStill we have not sold our Broadview (HUD) property and we only have a few days next week to close on it.

Following the trend in real estate is just temporary phenomenon.

Also a hard money loan is only a temporary loan. 

Why would you invest only for temporary things and not for eternity. 

The investor on the loan is who approves the loss so they can make additional requirements even to the existing servicing guidelines before approving a short sale.They want to see it listed for full market exposure to net as much as possible on the short sale.Servicers can actually get sued by investors for not following workout protocols.Generally a small workout for a temporary problem has the least loss followed by a perm loan mod and then a short sale and most damaging a foreclosure.The servicer has to go through steps and document every step of the way that they did everything possible to avoid losses.