I hate to say it, @Bob E.is 100% spot on, I had the same concern.

In this case no properties have been located and it's been almost 6 months.I know 2 people who are into this guy for varying amounts, let's call them Eric and Bob, keep in mind that both individuals attempted to contact Powers on at least a weekly basis, here is the timeline:June 11th:Eric and Bob both wired $20000 to USA Income PropertiesJuly 19th:Eric was offered the opportunity to to fund a promissory note for $25000 with a due date of Oct 15th, he didAugust 26th: There was a property "located" and Eric was asked to submit an additional $20000 deposit to fund the property (these are distressed and typically fall in the 60K range, the idea is that the funds from the promissory note + previous deposits would purchase the property)September 29th: Bob informs Powers that he would like a refund of the deposit, keep in mind that the deposit contract states the following: """Either party may cancel this Reservation without incurring liability to the otherat any time until such time as both parties have signed a Binding Agreement toPurchase and all contingencies in said Agreement have been satisfied.In the event of cancellation by either party, the aforesaid deposit shallbe promptly returned to Purchaser without charge."""

Bob

Quote from @Bob Stevens: Quote from @Kyle Baskin: Interested in learning more about the space, considering getting into it myself.What kind of software do you use to find tax liens / deeds / deals?

Originally posted by Bob Coleman:I've heard that if you can get good terms like what "SolidReturns" said, you can get 70-80% of the note in cash.

Question: Does having a tenant sign a very simple document saying,"Bob Tenant agrees to pay $220 by 11/28/2013 (this date is generally only 2 to 5 days into the future because they are weekly renters) by 5pm OR will move out by 5pm on the same day.Signed - Bob Tenant"Does their agreement to move out hold up to Tenant Landlord laws if I show up at 5pm on the 28th and they don't want to move out?

@Bob E.

Thanks, Bob.

Originally posted by @Bob Stevens:Account Closed owners take care of the lawn and snow,  on MF,,,,,,Maybe in your market, but definitely not everywhere 

@Bob Malecki is somebody I trust.