The extreme volatility screams of manipulation on the grandest scale.

Building in volume with repetition is where economy of scale is best realized and lends itself really well for a manufacturing environment.

@Larry Turowski and @Dustin Kester  I'm fortunate with my current PM, he's actually scaled down but used to operate under a company named Safe Harbor Management.  

This comes on the heals of the additional purchase of some 67,800 units during the past year and the merger with Colony America Homes, which will result in the addition of some 30,000 single family housing units.

People loan friends money all the time that never get paid back, but obviously this is on a different scale and not apples to apples, but you probably see my point.

I have no experience with them, however I am very suspicious of any similar type organization because I know how slim tax lien margins can be a a large scale.

I've read about it ever since I was just in my teens and fell in love with the idea of economies of scale.

:idea: And I would be forced to keep raising my pay scale to keep qualified people.

I just cringe when I see these people pop on BP " Hey I want to learn to buy NPN"  granted folks have to start somewhere but NPN is a poor starting point.As you state.. so many of these homes will be totally stripped  .. of course some are probably lay downs but.. in my mind unless you have MULTI millions to do this with and can scale and have a very compentant group.. its not a great starter type investment

I like multis because you can start part time, hire a management company and then scale up.You definitely need to get educated before you venture off buying assets, and you are starting on the right mediumGood LuckGino