(PS - Czech by birth; Hungarian by marriage and divorced by choice) :)Although I respect both your opinion and that of my dad, I do disagree to an extent.

It has gotten me the best response so far.It is something like Dear Sam, I am interested in buying your home at 1234 main street.....etc.I have mailed that letter for the last 3 years.

The main goal of the bailout was to loosen up credit.

This isn't to say that a duplex or triplex is a bad choice, they just have different characteristics than a single family home.As for the 1031 Exchange, you should learn it inside and out, and don't get confused, you aren't avoiding gains, you're deferring them. :)

i was in the mortage business for a several years and mainly involved with purchases.

That's another main factor no that the # of financed properties has been cut back to 4.My recommendation is to get in touch with a mortgage professional that specializes in investment loans like this.

That is completely irresponsible and the main reason the market and this country are in the mess we are in.Too many greedy and irresponsible investors along with greedy loan officers and bank CEO's all want to have the American tax payer bail them out.

For details to your questions, go directly to the treasury http://treasury.gov/press/releases/hp1163.htmNow the fed is buying commercial paper (one of the main things MM's hold) to help MM's out.

The main purpose of the 700 billion bailout was to ease the credit market between the banks, Wall Street, etc.

Further, the loan owner and the servicer (where you main the check) may be different companies, and I'm sure a change in servicing rights isn't recorded.