Originally posted by @Manolo D.

@Michael D. this situation could bring tax headaches that I would rather avoid but I will have to find out more about this.

I hope they aren't considering EM as consideration.And while I am not an attorney I am not sure how a C&D can prevent someone from applying for and obtaining a license/certification, I would think that there would be an issue with the presumption of guilt without having been formally investigated, charged and found in violation or guilty.

@Yifan D. 

Best, John d 

The index uses non-farm payroll employment, the index of industrial production, real personal income excluding transfer payments, and real manufacturing and trade sales - along with some fancy statistical transformations.Let's look at it recession by recession..T-0 is the month of the second consecutive occurrence of the index over 4.0% "D Day"T-1 is the month of the first occurrence.

I would focus on what I can afford, primarily positive cash flow properties.If cash flow is not an issue I would buy, bulldoze and wait for the area to transform at the expense of other speculators.

Tracy D. thanks a lot for the info. 

At one of the Self Directed IRA events a colleague suggested I read this book: The Power of Zero, Revised and Updated: How to Get to the 0% Tax Bracket and Transform Your Retirement by David McKnight. 

A/B+ neighborhoods may be easier to manage out of state than C/D neighborhoods.