I love it - all great insights and reminders @Phil Eck @Sam Craven @David T.

I just moved in my new house (that I own) and I already miss the excitement/stress of dealing with contractors (just kidding).

@Larry T. 

I have no idea what LLC's and S corps were like 30 years ago when John T Reed was an active investor.

Finding buyers stand as a major cause of stress for real estate investors.

This is an excerpt from Havard graduate John T.

W I T N E S S E T H :WHEREAS, Assignor has entered into a certain Real Estate Purchase and Sale Agreement with __________ as "Seller" and Assignor as "Buyer" which Agreement was executed on __________, by said Assignor and on __________, by said Seller for the purchase and sale of certain real property being, lying and situate in _____County, __________, and more particularly described in said Agreement, copy of said Agreement being attached hereto as Exhibit "A"; and,WHEREAS, Assignor desires to assign, transfer, sell and convey to Assignee all of Assignor's right, title and interest in, to and under said Real Estate Purchase and Sale Agreement; and,WHEREAS, Assignee is desirous of receiving all of Assignor's right, title andinterest in, to and under said Real Estate Purchase and Sale Agreement;NOW, THEREFORE, for and in consideration of the sum of _________ Dollars ($___.00) and other good and valuable considerations, the receipt and sufficiency ofwhich are hereby acknowledged, Assignor has assigned, transferred, sold and conveyed and by these presents does hereby assign, transfer, sell and convey unto Assignee all of Assignor's right, title and interest in, to and under said Real Estate Purchase and Sale Agreement.

True, but for higher value properties, I don;t want to tie up Hundreds of thousands for 14 or 21 or 30 days, so a large EMD is more than sufficient.

I don’t recall any violent civil unrest from this crisis.The German economy suffered hyperinflation in the early 1920’s, which was primarily triggered by excessive financial obligations to other countries (sound familiar?).

You are going at this all wrong.Note the name, c-o-m-m-u-n-i-t-y. they are called that for a reason.