You'd be surprised what people will agree to, when they cant afford to pay their mortgage(s).

Talk to the owner and get an "authorization to release" that will allow you to talk directly to their lender(s).

I figure if he is aware that I am able to get financing, ect it might be interresting.Do any of you have an opinions or thought s on this.

Maybe nothing just be aware of it.Try talking about the home owner’s hardship and how they REALLY need this deal to go through.

This isn't the mid-80's where manufacturing was growing, we had a positive trade balance, and there were actually goods made in the U.S.

We continue to be Ranked the Best" or among the "Top areas in the U.S." to do business and have careers, to retire, relocate, or one of the "50 Fabulous Places Live in America.My construction company, GL Green and Associates, builds custom Tuscan style homes starting in the low 200’s to multi million dollar estate homes.

You should be using an S-corporation for this business since an S-corporation is not subject to SE tax.

In this case, total cash returned is $6900 NOI less your mortgage payment(s?)

And I still have some question s about how-to foreclose.

I would set up a corporation and then make an S election.