I am thinking, why not split off the back house and sell it individually?

I got myself involved with some individuals in the midwest and are now connecting deals for REO's in Chicago.

I've been told that letters aren't the most effective way to contact owners of large apt. complexes.Supposedly, the best way to get into the loop and have the first crack at purchasing larger multi-family properties before they hit the market is to (1) network with commercial real estate professionals such as Scott the CCIM (2) join commercial real estate organizations such as the IREM, BOMA, NAA, and ICSC or befriend individuals that are members (3) approach a property owner in the flesh and (4) network some more.You agree Scott?

:cry: Mostly just stealing electricity, since their (stolen) generator had run out of gas, interfering with their party.The other question, "why would anyone pay $500K for a 2BR house" is more complex.

I am a doctoral student with: [list]little debt (car loan and 35k in student loans), little assets (3k in an index fund, 7k in a target retirement fund/Roth IRA, 1k in individual stocks, 5k in cash), little income (just my student stipend of less than $20,000/year and another $2-3000 from web design and illustrating jobs on the side), and a little family (wife and two kids).

There are reciprocal agreements with other states which allow a licensed individual from a qualified state to take the second state's exam without completing the course requirements.

Do you feel confident that, somehow, the United States will right this ship or that this generation will be the last to have experienced the splendor and grandeur that was the United States of America?

You can go online and find a dozen homes at 65c on the dollar within 24 hours.The key is to find institutional and individual wholesalers.

If you go back in history, you'll see that there hasn't been a single generation that hasn't experienced an economic collapes - except this one.

As you can see I need as much guidance and direction pointing as i can get...I'm thinking in the near future to buy at least a single where i can generate some cash flow through rentals.