Hi AllI am looking to diversify my investments, and one area I am considering is RE investing.My situation42yrs age with family, work as finance executive in small company I currently am invested in stock and bond mutual funds - all types foreign, domestic, etc, as well as cash.would like to get 50-75K into another asset class, as my current investments are pretty correlated.

Using a company with a national presence is ideal for obvious reasons and having companies with the knowledge, experience, and staff to evaluate, market, and sell properties is a win-win.Left in the hands of the government this could right into the crapper for far too many reasons.

Having a good process to keep execution costs down is critical.

We have a full staff, leasing agents, office staff, maintenance manager, and service techs and i have a partner in our venture, but i would bet you that in 8 years i have had less than 5 days where i truly could "turn it off".

One good thing is that the neighbors seem active and friendly and the condo office staff is helpful.

Do the deferred property preservation tasks that most REO and HUD contractors will stop once they get an un-executed contract.

This was a transfer of wealth from owners to unscrupulous executives.

I would say we have a 75% success rate of hitting/exceeding our profit projections on projects, 20% we still make money (just not as much as we had expected), and occassionally we end up on the wrong side of the equation (but not drastically).It's all about validation and confirmation and execution.

Can you still enforce the lease terms upon commencment, execution, or cancellation of an option contract?

We then acquire the property, intelligently plan a rehab, execute said rehab, and convert the worst house on the block to the best house on the block.