Jon,Local short sale investors here have indicated that they have shorted investment properties of other (failing) investors.Banks aren't sympathetic towards the defaulted investors; they're simply looking at lowering their losses by accepting the short sale, just as with an owner occupant property.

That tenant might be a good risk.If a business failed and now there is a good job, that might be a good risk.If bankruptcy was caused by foolish spending and unwillingness to pay bills, the leopard doesn't change his spots, and that applicant is a bad risk.If the bankruptcy was several years ago and bills have all been paid since then: good risk.

If any seller, including the federal government, has the obligation to keep the property in good condition to closing, if they fail, you have recourse.

There are supposedly many more small banks that will fail in near future.

As an investor, do you really want a failed Realtor in control of your financial future?

If the utilities are in the neighbors name and you pay your half and they fail to pay their half will the utilies be shut off even though you paid your half?

I decided that no one could make me fail, other than me.

It seems if you back out, most banks require proof of an inspection/failed inspection, which might cost a couple hundred dollars.3.)

Wow, it never ceases to amaze me how much first level thinking people do in these political forums...no wonder most real estate investors fail miserably...

We will run out of people Just as social security will fail when it takes 2 persons contributing for each retiree.