It's difficult to gauge the competing pressures.On the one hand we have the negatives listed above, the foreclosures, the empty houses, the barriers to entry for 1st-time homeowners, and the shrinking mortgage market.On the other side, we have the booming economy, the big projects on the strip, population growth, decreasing supply of land, and most important, the jobs.

However, I know people who own or owned both, they can both be very profitable, but they are NOT hands off businesses!

In many places, a lot of these listings end up in the hands of just a few agents.Whole books have been written about this, especially the pre-foreclosure part.

The more willing you are to get your hands dirty, the more you will have the opportunity to learn.

Do I need to have complete money in hand when I go for bidding?

On the other hand, lower short-term rates could spark inflation which would rase the rates on the 10 yr bond and therefore mortgage rates.

You need to see where the opportunity is to make money and take it.Good Luck,rdinvestorsThere are a handful of lenders nationwide through brokers and a lot of smaller banks that will loan to properties in an LLC.

Asset managers also move around from company to company; when this happens their portfolio is divided amongst others, or completely handed over to someone else - things especially get lost here as the replacement(s) may not have all the files, emails, faxes, voicemails or whatever else the other guy left behind.

Hi Goodvalley...I am not much for the stockmarket myself...a little too hand's off for my liking.

Goto the REIA for the first time, have a pen and paper in hand.