I also have a long history in the mortgage business - not quite as much fun in this environment.

If you keep your payment current, they will not enforce it, especially in this market environment.

Not only can I continue making payments regardless of the environment around me (e.g. lending meltdown) but even if my properties go vacant for a few years, I can weather that storm too.

Let me know what you think the current real estate environment looks like there.

I refuse to be a sell out, I refuse to not be honest, and I refuse to sell a product or teach in a way that won't genuinely help people, but even with those constraints there still seems to be an incredible opportunity.But of course maybe its just the dark side tempting me.

BioHaven Floating Islands is the newest environment friendly concept.

So our property investing environment is much simpler. ; )I've read about people using "bandit signs" and "yellow letters", and people putting in great effort to implement these marketing techniques to find buyers, and I understand that the goal is to buy property for under market value.

They say the biggest revelation is how hectic the business is and the incredible work ethic it takes to succeed.

I know its difficult refinancing in this environment, but I have to think that someone's doing it.

That will avoid the UBIT/UDFI taxes.The option deal would be wholesaling, and subject to UBIT because that's an active business.The deal you describe would be simply incredible.