I see no new regulation laws being placed into effect and we're about to give those same firms hundreds of billions of dollars and possibly into the trillions without any consequences for their actions.When you say that the pool of money would work and I would need to raise the money, you mean 100% of the house cost?

Continue to purchase properties or build homes to help offset income tax consequences from other f&c properties I own.3.

So, George had another friend, Carl, that does some handyman work, and knew several different trades people I asked Carl to help me manage the project, and oversee the tradespeople.

In fact, I'm amazed how successful some "flippers" (I don't consider it "investing", I call it "trading") have been buying houses and selling them again for a 30%+ profit or more without improving them one bit.My understanding of the process involves a low-ball offer with plenty of documentation supporting the low offer price.

Depends on area.. why they went vacant in PHX and Vegas was that the construction industry came to a dead halt and half the renters worked in the trades and they ended up leaving all together to look for work elsewhere.Also PHX had double whammy if you recall the politics at the time in PHX  were booting Hispanics that did not have green card out of the country...

Is it better to get the experience as a trade-off for higher returns?

It will help with the tax consequences of selling.

A wholesale situation happens when a Seller is perfectly willing to trade some of their equity for something thats more important to them, like the speed and ease of the transaction. 

Jon Klaus, I have though about seller financing I am concerned that I may be trading a risk of eviction with the risk of foreclosure. your post however has me thinking.

I follow the dollar very closely mainly for trading and investing in the markets and I think dollars will be gain value for a little while here. question will be for how long will deflation last.