That is a SAD indication of the way our society is moving when people accept dishonesty as a general method of business.  

I absolutely love his method of rent-to-own properties, which not only allows him to make money while investing, but also being able to help better the society, with providing the opportunity of home ownership to individuals!

However, I also come across other possible avenues such as Sacramento (and areas north of the American River) which yield higher rents and good deals, but a more unstable market for consistent rent and home prices.  

They've been told the American Dream is to own your own house, so this feels familiar (dare I say safe) for many RE investors. 

Hi everyone, My name is Corey Crane and I am one of the Founders of American Tracers - A Real Estate Skip Tracing Firm.

Some of those people were persuaded by builders, mortgage brokers, friends or relatives to jump into the American dream.I would guess the vast majority of those people are continuing to make their payments, even if their loan balance exceeds the value of their house.

Seeking to provide more aid to troubled borrowers, House lawmakers on Wednesday advanced legislation that would enable homeowners to shrink their mortgages in bankruptcy court.http://www.fool.com/news/associated-press/2007/12/12/house-committee-approves-mortgage-bankruptcy-measu.aspxThis would push mortgage rates up and make home ownership more difficult for most Americans.

On top of which many people were financing those houses with 10% + loans.r2d2 sounds a lot like he's had a bad experience in the stock market.BTW, over the long haul, the wealthiest members of any society are the OWNERS OF BUSINESSES.

This is the counter: The seller just got back with me and this is what he can do -- He currently has a First American Home Warranty basic plan on both units.

But I realize that I HOPE that it might be, because I have that whole lingering, American-dream ideology and want to believe that a working family can buy and keep a decent house in a decent neighborhood (ideally on a single income, but that's a whole other discussion.)