The local press stated in his interview that he had just bought the house 9 weeks earlier and with lightning speed renovated the house.

VJB, land trusts are only recognized in four of our 50 states currently, Florida being one of them.

Greenspan then lucidly added, "The fact that risk was heavily underpriced for much of this decade was broadly recognized in the financial community, but the timing of the sharp price correction was nonetheless a surprise."

And even with FNMA, that restriction is only if the price is more than 20% above the purchase price.See, even FNMA recognizes that people ARE GOING TO FLIP these properties...they just don't want it to be for too much money (indicating the bank was ripped off or that fraud was committed).

You're coming to my house to be interviewed for the position of seller of my house and agent to buy investment property.What makes you different from others?

However, after seeing Hannity interview two women from a college in Pittsburgh last night, I've changed my mind.

It also helps to be recognized as an expert at what you do.

Nothing is foolproof.In an interview with Richard Branson he talked about quantitative risk.Smart risk is a measured and controlled risk People live by fear of making a bad decision so many times they do nothing.Instead you can take most of the fear away by getting accurate information to make the best informed decision possible.Even Warren Buffet has invested in some stinkers over his time.You learn the most from your failures.Over time if you have more successes than failures with controlled investing you will do well.

To relate a personal story, I went to a workshop (not in real estate) and the person giving the workshop would personally interview the attendees who expressed interest in joining his network.

How do I recognize true asbestos?