If not able to connect with outside money, putting cash flow back in the property to fix is what I would do.

In my opinion Salt Lake County values will really go up in the long term as there is high desirability to live in some of these areas and limited land supply with two giant mountain ranges on east and west side of the valley. 2.

Not really something I want to worry about, and not something I would put past these giant lending institutions.

One must be careful and not be late returning the money or a taxable event will occur.Dan, what you are referring to is called "60-day rollover" and the use of those funds for real estate project can be very dangerous, because REI can sometimes be unpredictable and if you are not able to deposit those funds into a qualified plan within 60-days it will be considered premature distribution and therefore taxes and penalties would apply, resulting in loss of up to 50% of the amount of distribution in some cases (depending on your tax bracket). 

Usually their loans are so bad and/or the house condition is not great, so I'm not able to see a deal.

I have GIANT not in hurry list I give my head guy every couple weeks so he and the crew are either turning, fighting fires or working on my list.Matt

With fire damage and an addition that is "coming apart" plus a total plumbing job on what is probably a giant 2-family?

While he wasn't able to help much, since he's not able to be my representative, I guess he did put the screws on the Seller's agent since I implied that I was looking for ways to break the contract.

Right now for me I would say with my market research in my area, I would say that I'm not able to find a whole lot of deals that are short drives, 15 minutes or less from where I live, because those cities don't have REOs' that are under 90k.

I'm working another job presently so I am not able to answer the phone all the time like I want.