I wont be limited to any one area.

J Scott is right, you wont need to do this for the bank.

Also, the person he is talking to now makes it sound like the bank does own the property but they wont say which department is in charge of it or who to talk to because of "privacy" issues!

I'm suffering from analysis paralysis on this deal as I keep analyzing it....

there is still deals on the MLS, at least here in Fresno - just be sure to connect to a Realtor with direct access to the MLS or you wont get up to date information.

COAs pretty much control the community but homeowners, although they outnumber condo owners 60/40, are made to suffer because less than half of the homeowners vote.Is this arrangement common for mixed master associations?

Licenced trades are $ 150.00 per man hour plus expenses .I had 1 person question it at signing , and I told them it wont even be an issue , just leave the unit as clean and in the same condition it is in now .

I am in Florida.I have a free and clear property (SFR) in which I'd like to tap the equity, but lenders wont give a HELOC or home equity loan while it is in the land trust.

As to larger areas that will likely be cleared, I'll bet the prices go up generally as with new construction, improved property management measures are taken, given the location, like Rock Away Beach, who has suffered several disasters.We will see.

He wont be able to help financially because he has mortgages out on 5 houses.