There is a multi-fam that I've been watching that was in pre-foreclosure and has just entered foreclosure this week; it seems like a good prospect for this type of transaction.It is headed to auction at the end of the month, and this may not be enough time to pull the deal together, but I wonder: if the seller and I agree to the deal and I get him caught up on his mortgage payments, is it easy to get the property unlisted from auction, or would this happen automatically?

If not, Apple's Final Cut Pro is now only $300.  

We literally have to stand and watch as the masons build up course by course until they are ready for the plumbing to be installed.

what exactly does a newbie need to watch out for when going this route?

Its just sad a few bad apples spoil the bin for all of us.

You need to know a couple of things to make an offer:1) The "comps" - what did similar houses sell for recently (need a real estate agent partner to get these from MLS)2) The repairs needed on the subject propertyTo make it an apples-to-apples comparison, you need to understand the comp values in "$ per square foot" so you can apply that to your subject property.  

How do seasoned investors get foresight , are there any publications, statistics  one should always be watching locally and nationally in order to notice the winds of change.I am very excited and enthusisatic about the real estate investment game but at the same time would like to learn the lead indicators.Appreciate your insight and foresight.ThanksInder 

My wife and I really enjoy watching all the house flipping shows on HGTV, but that always seemed too far fetched for us financially.  

Looking forward to watching you kickstart your investing career! 

It's great to see you taking advantage of that.Hope to watch you grow as an investor!