seems to me we suck down bad news for a while, close up our wallets and hibernate economically for a few years.

Subject to is very new to me and very enticing.

Well, seems to me the down side would be...they are irresponsible and can't hold onto their money.What's the plan come Jan 1?

It sounds to me like you don't yet have yourself an established plan of attack.

Because I had someone come to me and wanted me to locate property for them.

If it comes to me, I'll post back.

....tell you what.....send all of the $29,999 and under deals that aren't worth your time to me.

It didn't occur to me to, but maybe I'll carry, when I go looking.

(Not much equity if any)What I've done since this all happened is call Countrywide, got permission to Countrywide from Adam to talk to me about his accounts and have gotten them to agree to let me assume the loans by simple assumption providing I can get a letter from the bankruptcy court stating that Countrywide has permission to change the name on the loans.

Then I ask them what there plans are, and how quickly they think they will be able to move out.Most of the time they will tell me a timeframe that is acceptable to me, in which case I ask them to sign an 'Agreement to Vacate' document.