I get an idea of motivation on the phone too, if there is not much interest, depending on how warm they are, I may not make the apt. or beef up a better offer of stratigies to offer....anyway, face to face, is always best IMO.

And you want to look at how your state's highest court interprets the clauses, too....Finally, despite the good hands and neighbor marketing, my experience trying to rebuild four units destroyed by fire, was that the insurer, while warm and fuzzy on the marketing sales side, will hand you some fairly rigid and tough adjusters, no matter the type, and you realize quickly what you have purchased is a right to argue for your claim, which beats the alternative I suppose..

3) Would you be willing to do this out of the kindness of your heart, or some compensation necessary?

Hi Jean and Bill - thanks for the warm welcome!

I've seen several note holders make late, sometimes very late payments, the have a heart attack, or they die, or someting happens where they can't act, the borrower will suffer. :)

I was thinking with my heart instead of my head, which sometimes works and some times doesn't.

Trying to buy a specific REO will break your heart.

@Mark H. you have a real how to get it done 101 in this post I will look at this often as I am doing my renovations on my properties.great advice and@Cheryl C.Thinking is what I feel in my heart give people something they can be proud to call homeand pick tenants that can appreciate the details.dont break the bank but a couple of well thought withdrawls should do the trick.

All kinds of rehabbers are complaining of tightening profit margins in the past several months as the RE market warms up. 2 years ago, profit margins were FAT and markets were cold.I'll take a cold market over a hot one for flipping any day of the week.

I've got a tenant who runs a daycare (I haven't had the heart to kick her out... yet).