http://finance.yahoo.com/news/foreclosures-draw-private-equity-u-150127753.htmlmost of you probably already heard of this in the past months and it looks like it's going to happen pretty soon. as a newbie in REI, I'd like to hear what the experienced player's opinion on this. couple of questions I can think of. 1.

Look for the major Private Equity/REIT players to announce BIG Residential REO take downs over the next few months.

I soon learned that in order for a neighborhood to be revitalized, eventually all of the players - residents, businesses and ESPECIALLY the local government - will need to be on board.IMO, you can tackle this from two angles:Pull together the local government, businesses and Investors (don't try and go this alone.

I did a quick search on a mortgage forum I belong to for HELOCS and both TD and US bank showed up as players.

Do we really want the government intervening in the market and favoring some players over others?

Trying not to get caught up in analysis paralysis, but feel I would be better situated to go through a deal with minimal risk if I have my players in place.

It shows what lack of experience the players on the show have.

It's kind of ironic that it's mostly the big players that benefit from the stock market -- CEOS, hedge fund operators ...but it is an investment that is marketed to the average employee/investor.

In fact, it shows over capability and proof you are a real player when you do so.Dealing with private sellers could be a different story and now that it has been mentioned, a POF should not be needed in such a deal, most are not sophisticated enough to ask for one.

Former professional on-line poker player, currently own a Home Inspection company and recently got my Realtor's licence.