It has become popular here for investors to "buy" these properties in BK, through the trustee auction, for $5-10k, even when severely underwater, depending on if the property is in foreclosure, and how far along it is in the process, much like the HOA "buy to rent it out until the bank forecloses" strategy.

The investor who bought the whole street at auction.

Sorry I forgot to included the address, 128 South 21st Street, Irvington, NJ

Is the new house right down the street?

The intention for the act was to reform capital markets on Wall Street which is believed to have lead us to the Mortgage Crash of 2007/2008.

The neighbors didn't realize I was in the process of buying the house and decided to do some landscaping on the property since it's the ugliest house in the neighborhood and the neighbor across the street is trying to sell their house.

There is plenty of street parking.

These are the questions I ask: Property Street Address: Property City and State: Type of Property: Asking Price: Name of the contact person: Contact information: Is the property owned by bank or private party?

.- Boutique Hotels (Gulf Coast tourist towns or in popular/historic neighborhoods such as New Orleans Garden District)- Convert older buildings into luxury apts (Happening in downtown Houston!)

Gastonia, NC has a few popular neighborhoods that are good for buying rentals built 2000 and newer with 4 bedrooms and 2.5 baths.