I still remember the look on their faces when I walked them through my first ugly little duplex.

I wholesale lease options all over the country and never see the house (other than pictures), never meet the seller or buyer face to face.

Jump in, ask questions, answer what you can, and become a familiar face around here.

Experienced LO's know what to ask and how to approach things usually from that same issue blowing up in their face in the past.When an application has distorted information on it, the Loan Approval, which is how they put a rate and generic terms on your loan will also be flawed.

They will need to get creative to solve the problems faced, a sinking fund won't cut it and it will take decades to revive but I'm sure there are profits to be made for those who can identify the diamond in the rough. :)

John Horner I don't know about the foreclosures (I expect that you don't take them into account at face value though), but I think you'd top out about 105 even if they weren't there because the houses above that have multiple full baths.

Let's face it - most of us are here because we want to make enough passive income to quit our day jobs.

And this is a very good point for those that are facing foreclosure..

We would even have challenges starting a brokerage company right now in this climate as well.

You'll meet face to face with fellow investors.