I have been running rentals in Florida since the late 70's and will try to answer a fewquestions and venture a few opinions about what you are considering.

This has been in process for a week http://news.muckety.com/2009/05/14/muck-tracker-john-kanas-mounts-takeover-bid/15611 Looks like they announced their intentions in Feb http://www.reuters.com/article/pressRelease/idUS129705+11-Feb-2008+PRN20080211 Wilbur Ross and John Kanas of North Fork Bank Teaming Up in Retail FinancialServices Venture Veteran Bank CEO To Advise, Co-Invest With WL Ross & Co.

Having met the vendor and the listing agent several times and had lengthy discussions with them - even to the extent of the vendor and I considering a joint venture - I do feel that I trust them both.

I have a successful business resume but also understand that doesn't necessarily translate into immediate success in new ventures.

Obviously, there is no one way to define a person and their ability, but I do have the ability to network and utilize that network to get whatever is need to take a venture to the next level.Oh yes, this ability comes with Integrity!

Designing websites have always been my interest because over the years I needed websites for the various business ventures I was involved in.

If I am able to buy more that one property then that will kick off a new business venture for me.

So we took the advise and began educating cramming getting guidance and direction from other REI's on the venture with a burning desire to succeed for our children's future.So we took the knowledge and began applying it in the real world calling and looking at several potential properties and spending hours after work into the late hours sorting pictures and data for each property and researched rehab cost and run the numbers of the ARV no higher then 65% THEN THE ROAD BLOCK POF POF BEFORE WE COULD EVEN MAKE AN OFFER NEED POFAND FINDING AN HML OR PML makes us feel like we are dealing with a NATIONAL BANK.

Another investor, one you haven't worked with personally but you've heard good things about, comes to you offering a joint venture where all profits will be split 70/30.

I have some problems with entitlement programs, the takeover of commercial ventures, and where this could go as it gets under steam.It is hard to "give him a chance" to make a difference when you see such mistakes being made.Aside from that, lets stop the personal attacks here.