There are a lot of ways of getting tenant/buyers....I might write an article on this if one has not been wrote already.So many good people in this bad market are losing their homes, and many of them that I come across do not want to rent, so it's easy to get good people with the right mindset to occupy the home and not trash it.

I have just read an article by Joshua about REOs and in it his last point is'Note that lenders and banks do not like holding REOs on the books, and try to get rid of these as quickly as possible.'

Anthony, here is the link to your question: http://www.biggerpockets.com/forums/52/topics/18371-help-me-understand-this-deal-and-5-2-rule Scroll down, and you will see a post by Jon Holdman.

I know you replied to my earlier topic with similiar question.

Please feel free to contact me or ask me any questions, I enjoy being active on forum boards and create and open up topics on subjects we all enjoy

They have articles going back to 2002 talking about this crisis.The most famous person who talked about Austrian economics (and was yelling as loud as he could) was Representative Ron Paul.

That's a paid membership to read the article.

I too thought that maybe it would be more beneficial for my situation.good topic....and thanks Don for your insight.

Here is an article that points out how the data from lenders is not to be relied upon without scrutiny from outside the industry.

Your gut can be right about topics where you have a good understanding.