I just re-submitted an offer today for another investor, whose previous offer went ignored for a month.The good news: it's stuff like this that weeds out the wannabes!

The good news is since you won't be buying from afar only managing from afar you can learn your market where you are buying while living there.

Off-topic but I just read this article which is a few blocks away from the properties: http://www.democratandchronicle.com/story/news/2014/04/22/rochester-shooting-genesee-street/8011237/

Etc...Here is a statement issues by the IRS/DOJ a couple years ago that says it better than I can:http://www.irs.gov/Retirement-Plans/Retirement-News-for-Employers---Fall-2010-Edition---Rollovers-as-Business-Start-Ups-Compliance-ProjectMy take is that ROBS can be done perfectly legally.

I think your location and local newspaper reading habits have alot to do with it.If I were in a hyper local area like Witchita KS, and the news reporters wrote good local stories, well maybe a free report to a website or to an answering service might be in order, especially if they do nice write ups on local business (tie in PR with classifieds.)People want to do business with people they like and trust.

Pretty much any Google news search for Tampa Bay foreclosures - current top 5 listings talking about Tampa Bay region still high (but dropping) at a rate of 1 out of 122 houses getting notice, damage area could take as the hedge funds adjust to what they bought last year as well as impact of siphoning off profit from local region that local REI usually pumped back into the community, and somewhere north of 65% of area sales were in cash - with rates still this low.

That makes good headlines in the news.

I hope we don't hear about this on the news.

Despite what the news feeds us, the majority of people in the world are good :)

@Bill Gulley Well that's better news than I expected.