I would have to say stay away from really rough neighborhoods, but if you insist on making money there and many people do, then I suggest you try to get government tenants at top dollar rental rates and screen heavily.

One major, troublesome aspect with government work is measuring it *output*.As Rich above stated, we could pay 2,200 people $50K each to pick up trash but are cleaner parks and streets *worth* $50K per year ... assuming one trash collector per community.

As you guys can imagine, the people who work at airports are not highly paid and are often government employees.

There are currently a lot of things the government is requiring the banks to do that they still are not doing.

Some of thier best customers are probably LLCs.There is a difference in a small or regional bank and a bank that is governed from 1,000 miles away.

//End QuoteA short sale is the result of POOR LENDING PRACTICES that are encouraged by the government guaranteeing part of the loss.

There are other reasons as well to limit this type of financing too, but the government and courts will be pushing it as a consumer oriented issue.

Both governments and homeowners associations, or condo associations if you are a condo-dweller, can levy powerful—and sometimes incredibly strange—restrictions and requirements."

Even though we had no control over the Government expanding, wasting money, and exponentially increasing the deficit.Do you know how trillions get printed out of thin air?

Back taxes, sewer assessments, clouds on title, rehab costs to bring properties current with new ordances and knowing that a government entity will be acquiring the property in the future (but when being an unknown) all are part of your due diligence.