. :)haha... where's the smart @$$ button??

But I guess, maybe it's a good thing - because it's making people fearful of investing, and thus they are staying out of the game and leaving more for us :) It's true, most of the books were written during good times - because that's when investing in real estate gets popular - and smart investors begin slowing down.

But if it is a business, then treat it like a business.There are a lot of smart people on this thread, many of which disagree with you and don't treat real estate as a "hobby".

Mehran,Smart move reviewing the management agreement carefully.

Work smart.

Once you get settled in and catch your breath, you could create another win/win with a business model not only for asset preservation (which we utilized them MDA here in CA on Ocwen REOs), but also for Investors that flip and do not have the time to babysit projects... could use a smart, go-getter team like yours.

REALTORS are out smarting no one and any REALTOR who consistently engagges in this bait and switch tactic is creating more harm than good.

Invest Safe--Be Smart---Stay Savvy!

I think we saw the system at work with Ron Paul, the machine will continue to make guys like him look like a nut job.While I am not a big "conspiracy" crazy kind of guy, I am smart enough to know that there are powers much higher than the President, Congress, and Senate that pull the puppet strings.

yes you can, there is the smart/easy way and then the other way.