Also, I read a blog on BP where it said often times the bank will back out of it right before going to the auction at the court house so investors waste time and money dealing with bank short sales?

Frankly, I think trying to buy a MLS-listed short sale is a waste of time.

First of all FEAR is a waste of time and big contributor to depression which then leads to inaction.

They might not even have a plan, think about developing a long term plan, or consider developing a plan a waste of time!

Here are the pros I found..Taxes Paid by BuilderHOA Fees Paid by BuilderNo Property Management FeesMaintenance Paid by BuilderRepairs and Upkeep Paid by BuilderImmediate Long Term TenantReliable Rent PaymentsFully Loaded Home at Today's PricesHomes are Meticulously Cared for at No Cost to the buyerExcellent Cash on Cash ReturnsEasy ResaleThe cons would be that the builder goes bankrupt or just doesn't finish up the community.

After ripping those out and cutting my forehead with a shard of tile and thus needing to wrap my head in a bandage to stop the bleeding, I load the cabinets in my truck and drive off.

Very normal now, agents and owners dont want to waste their time with people who arent serious or wouldnt qualify.

I think this guy might still be working on the project very slowly to avoid I complain him to the contractor's board saying he abandon the job. but he just playing the money game so that he could slow down to have time for his other projects. today I saw him have a truck load of garbage from his other job site again(happened to me three times).

It would waste more of my time than the profits are worth, even if i had 1,000 loans at that level.

I like Jim's idea of having simple adds that explain a lot and probably eliminate a lot of wasteful calls.Property MGT might definitely be worth a look, but I have always had less than 15 units.