However, to pull this off, investor participation is a must.Even though I understand the concept of a general business plan, I don't know what (or how) to present my idea and the potential building to investors.

Participation here will help you become successful, period.

Ralph,I'm with you on this one.In PA there is a "Writ of Execution" that is obtained to proceed to the sheriff sale, so it sure sounds like one of those to me.Some of the other types of repo I am aware of:Tax deed sale (the owner did not pay taxes for some reason)Confiscations by law enforcement (that would make former owner a participant in criminal activity - I say no need to deal with those types of people)Words I once heard: "When a homeowner is losing their property, one of two things has to change: their financial condition has to change for the better, or they have to change their address."

I want to participate but I wanna do HUD homes.

I am sure that it will cause some people to think about upgrading their current home, but the $6500 barely covers closing costs, so I doubt it is enough to motivate a significant number of people.

Market Value$72,500 Gross rent income$8,400 Property Tax-$1,100 Hazard Insurance-$500 Management fee-$840 Total net rental income$5,960 Your participation in the investment can be as follows: Your buying price will be $59,600.

Also, I just wanted to add, what people see on tv is soooooooo edited that its barely real poker (i.e. you only see action hands) FYI, the final table from this year was over 14 hours long, edited down to 1 HOUR by espn.I would be extremely interested in getting something going on Fulltilt, sounds like fun!

., I was forced to close his business 2 months after his death, my participation in his business was my only income.

Thanks for having me and im looking forward to participating!

Anyway thanks again for all those who participated.