There is hoa homeowner info available through the Yahoo groups AZ-CHORE and hoanet at http://groups.yahoo.com/group/AZ-CHORE/ and http://groups.yahoo.com/group/hoanet/ These are both fora for homeowners to ask questions, get information and direction, and discuss problems associated with hoa life.

My prop manager said they took numerous photos, and AFAIK, did, take numerous pictures of the inside and out before a new tenant moves in. .

You should also keep this letter for future reference, since things in life have a tendency to change unexpectedly.

The Bank will not listen to your case of the cost of rehab.I don't believe all this, or else you guys wouldn't be getting any deals, so can someone shed some light on what and how you negotiate under different buying circumstances.In a real life instance, today, my realator called on a short sell for 75k and the lister said she presented an offer to the bank at 55 and they came back at 68.

Unfortunately, if government lets the whole system just collapse--which is what you're suggesting above--the pain will be acute to the entire nation and the world.So certain priorities must be chosen and the priority is for owner occupant properties--not entrepreneurial purchases of real estate.Here is where your ability to put your life in perspective comes in.

(Deep breath)Yes, I'm sure there are numerous cases where people were put into bad loans.

I'm actually rather concerned for the first time in my investing life.

Also, homeowners in default vacate their houses for any reason they see fit...mostly because they are done caring about the property...they have to leave anyways, why not move on with their life before they bank evicts them.It is also no concern of the investor why the homeowner chooses to move out.If you can swing it timing wise it is a good deal for several reasons...the house doesn't sit vacant....you have somebody living in it that knows the deal (you disclose to them exactly what is happening and charge them a monthly rent below market value)...they can show the house for you if need be...the utilities get paid...and the investor can make some positive cash flow while negotiating...let's stop pretending this is hurting anybody...and most of all...dont make me think for a second we are concerned about the lender losing money because the investor is profiting....its the homeowner in default on the hook and nobody else.

Believe me, if Countrywide has already accepted your sales price and costs, they will take a few thousand less but it will just take more time--3 weeks is nothing in the life of a short sale transaction.

As a graphic designer and having been in marketing for numerous years, here are things I worry about:1) Finding web master that are responsible and reliable (yes, you lose control)2) Many try to save a buck and go international only to get burned3) Investors find a designer who don’t know the business so can’t provide input on set up, design, and functionalityThe Norris Group happens to use Virtual Investor Plus for our back end for our retail website and I update some of the front end stuff by myself.