Here is a blog post that will show you the divide in the comments section. http://www.biggerpockets.com/renewsblog/2012/01/28/how-to-buy-real-estate-after-a-strategic-default/ Though I will say it’s hard to defend staying in the home you did a short sale on, and putting a different name on the lease.

On a separate note, I do not believe this farm yard has any strategic value for them... it's in a very corner off of a residential road that wouldn't do any good for trucking down or anything like that.  

The key now is find the right deal and the right strategic partners to work with.

Because you already have a home rented, you can put a mortgage on it in a strategic way so that 70% of your rental income will cover Debt of the mortgage.  

It forced us to think strategically.

If you are strategic and buy in a solid community (think Windsor Hills or Storey Lake) I wouldn't set my expectations too high.

Hello all, my name is Michael Vieira. I moved to Pittsburgh a few months ago and I am looking to network with other real estate professionals. My goal is to build a network with some of the best Real Estate investors,...

Steve Mel yes, I'm a financial advisor nearly solely to the real estate community and am an expert with life insurance cash value leverage and strategic liquidity.

It can sometimes make sense to have your LLC's in both your names anyway so that you can "strategically" explain to the tenant(s) that you are NOT the owner.  

A strategic means of getting into an investment is to evaluation which option works better.