There is lot to look at around here… Hugh?

Sounds like the vacation/second home directive from the IRS establishes what they consider 1031 minimum holding period for a qualifying property rather than holding two years or two tax years etc. etc.

I'm looking to establish a relationship with a Houston area appraiser or two to help establish ARV when analyzing deals.

Establishing a house value with good comps is difficult in this market I think.

So if you close it, again the score could go down since you no longer have a long established open account.

You need to establish a good working relationship, maintain good communication, and discuss strategies and procedures...BEFORE you hand over the keys.

You have a good idea but look at what you set yourself up to fall victum to.You are wide open for agents and investors to flood you web-site and phone.Craigslist is good if you want to post a specific deal but to just put an open ended statement out there is a garunteed nightmare.You will be spending more of your time swatting away flys than working on deals.Why dont you try establishing your deals using signage and simple fllyers in your own town because there is a "Big market" right there in your city and all you have to do is tap into it.You are "Shot gunning" instead of using a more focused approach.How can you be successful nationwide if you have not made a name for yourself at home first.GET THAT MONEY MAN!

Often times, the lender is reducing the opening bid, but in this example (and I've seen this a lot) to around $280,000.

This way, you establish communication.

If the judge has set a Foreclosure by Sale, usually being done when the property has a sufficient amount of equity, the court will enter a date when a judgment is established and the time frame are up to the discretion of the judge.