In essence it was like a million people that don't know how to handle money winning the lotto at the same time.

When it comes to electrical work, it's simply a matter of, when it works you're done.

I'm going to echo Mike, get a good RE attorney, one that has experience in the area that you need.If she wins in court you could have some big issues to deal with, possibly even the condemnation of your building, which means everyone will have to leave!!!

I do investor flips as one of the potential exit strategies of holding property - though I much prefer to simply landlord.

You simply have the seller sign an option agreement.

Do I simply need more capital to tie up such a building?

This is for a townhouse: Comps show 115-125k (6 months back w/in .5mile) ~120 conservative.

I've kind of been turned off from foreclosure/auction/sherrif sales due to the long process and the inability to inspect the property etc.Besides getting the "balls" to actually approach people in preforeclosure situations, the main thing holding me back is financing, I simply do not have the money for a downpayment.My plan was to buy properties, hold on to and rent them until the market turns, and then eventually sell, but that may not be the best option at this point.Reading this forum the last few days I've been hearing some new terms:bird dogging - http://www.biggerpockets.com/articles/bird-dogging101rb.htmlwholesaling - http://www.biggerpockets.com/articles/wholesaling-properties-lg.htmlTo be honest, I'm not 100% sure what the main difference is.

We know this by simply asking home owners and seeing what it is listed at.

I wonder if I ate likehim would I be able to win gold medals?