Then I would go after Land contract, and if all else failed go after a master lease with an option. ( Those are listed from strongest position to weakest by the way) :mrgreen:

And if all else fails, (or you just want to take the easy way out), Chris Colvard and I each have an Assignment of Contract form in the file place.

While J.T. addressed the issues of risk, which is inherent to speculation and investing in real estate, it fails to address the difference between speculation and investing.Let me begin by going way back to the first chapter of Economics 101, after the professor introduces themselves and begins talking about the general introductions to the topic, the student will be first exposed to the four basic functions of economics:Land, Labor, Capital and Entrepreneurship.These four functions of our economy are the ingredients necessary, to some extent, for every business transaction made by mankind.Success in any business means mastering the manipulation or use of these four elements.

Ok, maybe all the bridges will fail afterall:http://www.koinlocal6.com/news/local/story/Portland-bridges-likely-not-ready-for-9-0-quake/qcjPWX5JXUG4_tQKxlbDdA.cspxStart looking into property in Des Moines.

Go start wholesaling and bird dogging right away.If all else fails yes it's better to live rent free unemployed than paying rent unemployed.

We had a deal fall through last week, as a bank through Gazprom failed to give a mortgage to our buyer.

Banks may come down a little, but you're not going to have much success offing $50K for properties that are listed for $100K3) The selling bank is going to do everything in its power to make your deal fail.

However, I fail to see how that addresses the REAL ISSUE, which is that the tenant is running a drug house and is allowing the convicted criminal to stay after he was supposed to be gone (although this is really the landlord's fault).Talking about the dog when things are so serious that the landlord felt the need to install security cameras and is buying a gun, just doesn't quite hit the mark.Mike

My prediction for 2010 is over 300 banks will fail and if we get a domino effect, could be the most EVER. 539 in 1984 is the record.

As for screening, I failed with this one.