Obviously any shareholders of these banks will be totally screwed and their shares will be essentially worth nothing.

Essentially you're choosing keywords that searchers can be typing in and if they type in a specific keyword, Google will display your site.It'll be too much information for one thread.

A DIL is essentially as bad as a foreclosure in my opinion and experience.

well, imagine that for pot. trust big companies would come up with some phenomenal product. it would blow away the crap that gets smuggled in from mexico and canada, and the stuff that a bunch of idiots with no real qualifications or knowledge of botany are churning out of their grow houses.check this out for example:http://www.nydailynews.com/news/ny_crime/2009/03/27/2009-03-27_firefighter_sanitation_worker_arraigned_.htmldo you really think either of those idiot firefighters should be generating a product that people are going to essentially consume?

I've also seen where the bank takes the property, but then essentially abandons it, and the cities are going after them.

Or, used it for living expenses, which is essentially what the RE gurus were advocating.

I'd essentially be finding all the people, charging them for the service, and sending their paperwork off.

It is the principal that you are paying off with the aid of a tenant that is the essential aspect of your REI income.

I think what he may really be asking is, if I use a bird dog and call him my "partner", am I avoiding the illegality of essentially having had him broker a transaction.

$600 rent for $34K is probably acceptable, but buying for essentially retail price is not.