And perhaps afte rso many homes are boarded, the hood moves, and the neighborhood is gentrified, you now own a good portion of the block at rock bottom cheap prices - then bulldoze and maybe throw up some nice little cookie cutter homes.There will certianly be no shortage of people to emphasize the negatives of such a strategy and that is what made me think that someone owns and is profiting form these homes and if 99.9% of people steer clear, then there has to be some good deals out there.

The following are excerpts from an article on Reuters.com:"Rumors are running wild from Washington to Wall Street that the Obama administration is about to order government-controlled lenders Fannie Mae and Freddie Mac to forgive a portion of the mortgage debt of millions of Americans who owe more than what their homes are worth...

A significant portion of those resources include my tolerance for exchanging an excessive portion of earnings for housing that offers inequitable return for that investment, now and in the future.

Now if you find a contractor that does a great job at a reasonable price you can not use him as often as you would like because if you begin to account for a major portion of his revenue that can be construed by authorities as he is being misclassified as a contractor instead of your employee.

And I figured a portfolio of cheap condos might be much more profitable than buying an apartment complex in spite of the lack of control over a portion of the expenses.But I generaly dislike the lack of control thing so I would only consider it if the deal is simply too good to refuse.

Looking up some current info, I see a good portion of their sale dates are being postponed, sometimes by one month and often times by two to three weeks.

All that does is limit the time on one portion "approval" of the short sale process.

Not true, but the total effect of all the proposed tax changes for the high-income earner totals 3.8%.The first portion of the new medicare surcharge is a 0.09% increase in the medicare tax high income taxpayers will pay on earned income.

I usually just add this amount to the cash invested equity portion.

The only thing that bothered me a bit was that their website mentioned that the last update to their materials occured on 2009, but probably not a big deal.Is the online portion all reading or does it have audio and illustrations as well?