I have been focusing on properties in more preferred neighborhoods.

From the articles that I have read, so far, they're telling me to find the sellers, and enter a binding contract, and get the title thing moving, and this is all before finding a buyer.I'm going to keep my eyes open for properties ;) I'm also going to work on getting some cards printed and a newspaper ad.

Currently, I am working on projects in the neighborhood, which is how I learned of your property.Please call me at (XXX) XXX-XXXX, so I can tell you how we can buy your property quickly, with no hassles, and most importantly, at a fair price.

Also check in the LEGAL or Homes For Sale section of your local newspaper.

Have you put an ad on craigslist, backpage, and a newspaper or two like the books say to do when looking for investor buyers?

If you want to know what rental rates are in your area, look at the classified ads in your local newspaper.

By 'redevelopment' do you mean city revitalization type projects where you buy run down places, fix them up, and essentially turn a neighborhood around?

This gives you time to check out the home and neighborhood to see if it's a good fit.

Am I reading the newspapers correctly that the government will provide financial backing to refinancing loans at 90% of the current appraised value IF the current lienhold agrees to the short payoff and if the homeowner agrees to split any future profits 50-50% with the government??

I am starting to see distressed condos listed retail, in incredible neighborhoods, with good schools, that would rent at break even (paying retail) using the 50% rule.