No more welfare, unemployment, minimum wage, social security or medicare (for people who are under 50 now), medicaid, Section 8, EPA, department of education, department of energy, OSHA, etc.

A closer look allows you:1) To confirm if the house is vacant2) You will start to see some houses with REO letters (bank owned), I avoid, lock boxes (means someone has an interest in the property already) avoid, Tenant eviction notice (has landlords contact info and they will be motivated), foreclosure notices etc.3) You will get a chance to network since you are out of the car- you will meet neighbors, where you can get the story on the house, contractors (mowers, handymen etc. which can give you info on the house as well as several others)4) You get to understand the condition of the property by seeing it up close.Driving your farm are in my opinion is highly recommended at least once a month (a lot happens in a neighborhood in a month), but is still one out of the 10 or more you should regularly doing to find these properties.Personally I feel there is a moral obligation if I am going to put a property under contract that I have the intention of closing it myself if I can not find a buyer.

OK - Here's another fun one . . . check out: The 5 Scariest Wooden Houses EverBTW - Please Digg, Stumble, and share the post using any of your favorite social bookmarking sites.

I have since done some research after posting this and read Section 9 of respa prohibits a seller from requiring the home buyer to use a particular title insurance company, either directly or indirectly, as a condition of sale.

Here are the details which we know of at this point... 48 unit complex (44 2 bedrooms, 4 1 bedrooms) in good condition with all new roofs and windows, and seperate heat and a/c in each unit.

We have promised social security to millions of people, and yet the government has spent the social security money on other spending.

Like I have stated before. an investors "Basic" strategy should not really change due to market fluctuation, and in my opinion, balance is the key to any long term success regardless of market conditions!

They impose grave social responsibility and a patriotic duty...

If you live in a wacko leftist state, your state or local regulations may be more strict.Paint must be in good condition and lead paint must be encapsulated.

The home in itself probably needs about 7k of work to bring it to brand new, quick sale condition (it already has new baths and carpet).