He offers to build a pool but tells you that you'll need to inflate it.

The property owner is now in the clear, and remains the property owner.

Also, they were in a lease until next summer, is it possible to go after the remaining month's rent?

But, other areas are never going to be big boom areas and their prices will remain relatively low.

Property was Mortgaged in 2005 @ 135,000 100% LTVBank foreclosed on it in December 2006 with a remaining mortgage balance of around $132,000.

The one before last Rich spoke of inflation, the federal reserve, and general flipping tips.

They won't accept the payment if we can't make a full payment and then pay the remaining past due amount the next month.

20% in equity could erode to 10% or 0% or -10%.I like to focus on areas that are doing well where I feel confident in the values remaining strong and continue to appreciate.

So the question remains, who will lend money for these creative investments to me (California) with no up front money to bring to the table?

ORRehab all to the fullest, and maybe use the back building as a in-law house..ORDemolish back building, and use the floor as a nice basketball court or tennis court, keep the big shop garage and modernize the outside, tear the front house down, and build a new house on the remaining foundation, with attached garage, and second floor giving a total of around 2,500 sq.