Then I finally took the attitude that you can't get a hit if you don't swing the bat.So know I run the figures, calculate the repair costs and my desired return.

As much as you want to hit the ground running which i commend you for take some time to slow down.

Natalie Kasak you hit the nail on the head..

I would hit them hard these people are usually very motivated to sell, the condition of the property means you can ask less for the property, Due to work, and unknowns and just explain that to the home owner.

Zero efficiency, administrative jungles, lack of competition, and co-dependency are some of the characteristics that make up these types of government owned entities.

One business day before we were supposed to close they hit us with a 30 day extension because they said they were missing the "proof of foreclosure" document.

It REALLY doesn't seem appropriate to hit the landlord/owner so hard for the actions of a tenant.

Don't bother scanning unless that's more efficient for you than entering relevant data into a laptop spreadsheet.Look for files containing real estate (makes sense, right?).

For example, if you were to do a short sale, you could very likely negotiate away a deficiency these days, so most of those people who bought property with nothing down back in 2004-2007 are now dumping their houses as short sales, and the only financial hit they're taking is a dent on their credit.

He seems to insinuate the the US is teetering on the edge of collapse but I do not see that happening with strong historical evidence to back up this belief being that the US government is not at risk of being overthrown, the US economy has a massive productive capacity and is very efficient, and the national debt is all denominated in the US Dollar in which the government is the monopoly supplier of.