If they were, it would be a rather small task to program that computer or train those "minimum wage people" to set off warning bells anytime the payer on a mortgage account didn't match the original name on the loan.

I'm not talking about "guru program" books, selling only one part of the puzzle.

So, after drinking up as much of the bird doggin' wholesaling lingo I could, I decided to use my lunch today to go out and do some REI therapy, AKA: find absent owners or do some bird doggin'.After about 15 minutes, I found a decent house that I thought might fit an investor's eye.

As far as HUD is concerned, not all departments that administer the program are run the same.

HAS ANYONE DONE A MASTER LEASE OR LEASE OPTION TO CONTROL A PROPERTY THEN RENT OUT TO SECTION 8 TENANTS GIVEN THE GUIDELINES FOR THE SECTION 8 PROGRAM?

Regarding 50% and 2% rules, they are great rules of thumb that I did use and considering I have the property and complete rehab with new mechanicals systems for less than 24K (cash), I can say I fit comfortably within the "rules" criteria.

CUT THEIR STINKING PROGRAMS!

On the silly end, I have Enjoy Suduko, WinPoker (a video poker training program), and recently found Nyan Cat lost in space which is a totally stupid but fun time waster.

While the principle is similar, the existing program (EB-5) is for commercial real estate only and is tied to job creation.This new legislation does not appear to have any job creation stipulations to it as it is geared to improving the residential real estate sales market.Personally, I think it's a great idea.

Do not let yourself look foolish by allowing others to do your marketing pieces for you and use spinner programs to boost your online presence.