This morning I've already been on the phone, talking to a broker who has another multiunit listing in the same city and basically just trying to get more information about the market.As far as not having any brains, I actually think that I'm relatively intelligent (I went to a top tier eastern college, have a law degree and have been working in private practice doing high end estate planning and probate for 8 years) and going about this in a fairly reasonable way.

(My short term goal is to con MikeOH into doing a full brain dump which I can then upload into my higher level cortex.)I learned a lot of what I know about tech (the practical knowledge anyway) from online discussion lists and forums.

The property is a practically new build (2006).

I hear that is not good practice.

oh and it takes A TON OF DAILY PRACTICE.

I think it's an extremely small any of these would actually result in a deal, but it's good practice of communicating with sellers.

From a practical point of view just assume that all REOs get listed and all listed property will be in the MLS.

Sequential closings are something that are easy in practice but often difficult in execution (for some of the matters already discussed here).Regards,Scott Miller

There are other signs as Ryan has mentioned.To all:Market practices will vary across the US.

Roma,I understand some of the cultural influences that are causing you think come up with such a deal structure.