Hi everyone.I’ve been trying to exercise doing neighborhood analysis as I work to refine my investing strategy.

That amount gets applied to the purchase when the buyer finally exercises the option down the road.

Keep exercising due diligence and use common sense and you will be fine.

Here's the larger issue that concerns me:That landlords will increasingly become targets-of-opportunity for municipal revenue enhancement, especially owners of MF units (as Bill said: "deep pockets, one vote, no brainer!").

So this more an intellectual exercise than anything that is going to come true.

This spring we will be testing some enhanced logic around moisture sensing and monitoring the duty cycle of the sump pump(s) at two of our properties.

I will most likely not go forward with my money but will continue to communicate with the servicer as an exercise.  

But, it's not right for everyone.Actually, it's much more involved than even a brilliant laymen can figure out with certainty or economically, it's not just a financial exercise but a risk assessment of succeeding or not, estate planning issues, being realistic about beneficiaries and their real needs, understanding how insurance can be used in the future.

Simon Campbell, I think what he's trying to ask is if he lets the auction go through (he is not a bidder), then buys the "right of redemption" from the owner -- basically, dealing with the owner who was foreclosed on, not the winning bidder, having a side deal so he gives the owner funds to buy the property back for the $30K plus fees, then they deed the property over to him for whatever fee he guaranteed the owner to exercise his right to redeem.

Especially hard costs, such as insurance, repairs, maintenance, and enhancement numbers.