All of my customers are construction related since my background has been in the construction industry.I joined the Air Force as an apprentice carpenter and became a superintendent within 5 years.

There have been quite a few mortgage related frauds that have caused the legislation to get involved... and for good reason.

Some states allow felonies but not sex offenses.

There is another California law that applies to any company that offers advice or assistance to consumers in credit related transactions – called CSO’s – for unsecured or secured loans.

Yes, we have already seen and may see more price drops just like the rest of the country but in general, current prices are a reflection of what the market will bear out here.Now, I can't argue with you that things are overpriced (I also grew up in the Midwest) but it's all relative and a tradeoff that some of us choose to make.

We have become a big service economy with no underlying basis for that success, and I agree that there will be a major correction and price to pay some day.Thus my reason for being here -- I backed into real estate related employment a few years back, and I see it as the best place to make real money.

It's a relative.

At present my target renters are those connected with the university (students), and the low-income people connected with related service and support industries.

Relations were OK so he was willing to do whatever he could to help the sale.

House is in very good condition with only expenses are appliances, replacing the carpet in 2 bedrooms to hardwood floors and transfer taxes (no back taxes even)...As said, as a first time home buyer not sure this is the right approach (to buy without CO and related consequncies) and looking for advise here from the investor community.