Deflationary Spiral: Many of the experts who met at the retreat felt the write-downs of Euro debt and write-downs of consumer debt in the U.S. could fuel this.Anything you would add to this list of issues that could “derail” the recovery of the U.S. economy and the global economy?

This law may have helped consumers but it gave entrepreneurs a raw deal.my advice...do NOT get a biz CC, obtain a new personal one. here's why... 

It's not mandatory in NJ to have a signed written agreement but it is required that agents inform the prospective client of agency relationships verbally and in writing by giving them a copy of Consumer Information Statement (CIS) prior to any substantive discussion of the prospect's needs and wants.

Also, you will have to play the role of realtor including screening calls, showing the property, reviewing and negotiating offers, and that can become very time consuming.

That is a strategy that relies on finding properties that have super deep discounts, require littel cix-up and that there is still a healthy spread between costs (purchase+rehab) and value.

The software vendor for our MLS system is Rapattoni , and I haven’t even been to the training class, just test driving at this point.My initial focus was to identify good flipping neighborhoods by looking for aggregations of MLS “consumer” sales/listings/pendings (not lender or short sales) in the past 9 mths throughout my broad target areas, in the exit price range I wanted to focus on initially (100-150K).

To keep this ratio healthy, always go for a 30 year amort if possible.

They are taking a healthy management fee as well, about 13%.

I need some help from the seasoned investors here in the Atlanta Market.What is your target consumer home product (price range, size, const. type, location, etc.)

A few things to keep in mind:- Making offers is generally not a very difficult or time-consuming process.