I'm working on a property that was a wrap round mortgage that went bad and ended up in foreclosure.

Doesn't happen often, but when it does you can get liens on solid properties for the full rate.3) Not much you can do other than drive by and go with Zillow or Trulia for some round about values.

Last year, 20,041 Detroit properties went to auction. 703 properties sold in the first round, and 11,831 sold in the second (county wide). 7,920 Detroit properties did not sell even for a minimum bid of $500."

Look for simple designs: square or rectangular footprint, 2 story, moderately pitched roof, bathrooms in close proximity to each other for reduced plumbing costs.Drive by one of the big nationwide builders and look at their house designs, lots of 2 story boxes with simple roof lines.The only new construction project I've been a part of consisted of a Victorian house with round rooms and roof lines.

I will just think of it as a huge bonus for the year when I sell.

Joel- You confirmed some of my thoughts and second round of questions.

A lot of what you mentioned was discussed in the first "round" when I initially brought my situation to the forum's attention.

They aren't very expensive and they will last 20 times longer than the round filter style.Remember that standard shop vacs with "brushed" motors are only supposed to be run for 15 to 20 minutes at a time.

Yep both are awesome, also investclub for women that met last night in Irvine.Also in North San Diego you have NSDREI also there is Long Beach FIBI.I'll be at Investors Workshops next week for sure, I'm doing the bonus session.

I am hesitant to promise a bonus for finishing early because I think that it would encourage short cuts.