I noticed you mentioned that you needed to relieve yourself of some debt.

Lets assume that for every house that has started the foreclosure process...whether its preforeclsure notices on down the line....get the benifit of a 1.5% reduction in their rate (fixed) and a 10% reduction on principal.

I'm not a billionaire just a 25 year old trying to duplicate what Sam Zell did, and so far I'm ahead of where he was.

The later you file, the more of those random slots are filled.Now, if you do something stupid like omit income for which you received a 1099 or W-2 you will first get a notice that they amended your return for you and telling you how much you owe.

Make sure that their insurance information is accurate – and that their coverage is in force before letting them begin a job.Visit one of their worksites – Wouldn’t it be nice if you could somehow magically know ahead of time what the quality of your contractor’s work will be?

One can investigate probable ranges in rental growths/decline by looking at the past history and looking ahead at certain market indicators.

The next question would then be, what will the pace of short sales and foreclosures be in the months ahead?

- Never pay ahead of the work being done.

The real estate world is changing and I want to stay ahead of it.

Also, on your end you will want to file a notice of option with the county...this will make your option to purchase official.