Regulators do not give legal advice, they may give their opinion of a regulatory policy.

That changed over the last few years where a back up strategy was an afterthought or non excitant.Headwinds: regulatory, interest rates, house prices, "professional" competition, and market saturation.

Can any body tell me where and how they find investment properties in Houston.

As a broker you'll have regulatory requirements.  

I have seen a lot of terrible things, methlabs, police cordons of places where there are bodies lying in the street (not just around Obamas house *wink*).

I was not aware that if there was no 'release' that a tank could be left in-place, washed and then abandoned with with fill / foam inside.I get that regulatory agencies are unlikely to say there will never be any 'liability' but it sounds as if the closure report / 'no further action' letter stands as comfort to the (new) owner and any lender that the issue has been fully addressed.Oren

(most of them) That every body that calls my bandit signs doesnt really have a deal...that i will spend way more than I like on education, advertising and mistakes than I care to admit...but I digress.

I am not being cynical but the fact is negotiation is about your active vocabulary, body language, Oral communication skills, etc. which are acquired skills.

So…. my strategy was to bid up to 25K (because no-body will be looking to buy in “Podunk” where I live), use the balance of my cash for repairs (NO MY POCKETS AREN’T DEEP) and hope and pray there was nothing nasty or structural going on.

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