And you get to play 'parent' to them, too.What doesn't change are the fundamentals of succesful real estate investing, i.e. equity at closing, good cash flow, etc.

You do need to be ready and able to assess their ability to manage your business and make a change if needed - that's a critical but different skill than being a landlord - and precisely the point where some business experience comes into play.

Alright, I saw mention of the Jazz so I had to respond to this post (by the way, Stockton is the best point guard to ever play the game.)Welcome to this forum, network like crazy (online and offline) and learn everything you can.

Many times there are multiple offers coming in on these properties, and you have to be prepared to play ball!

Do you approach a deal with a bank any differently than you do with an individual seller?

for an individual or $100,000 for a couple.

I plan to offer varying fee packages to the salespersons allowing each individual to pick the one that best matches their expected activity level.

never used HM)Realtor commission on a sale even at 120K would bring that to 94-95KClosing, taxes, conveyance, fees, attorney, deed prep, overnight docs, imaginary this, imaginary that, and BAM, you're at 97-98K.So for all that money in play, you have a whopping 20-23K profit if you get close to full ask.Just my opinion of course :)

We have seen in play many times that homeowners have been awarded money in suits due to personal heirlooms that were lost because the home was foreclosed on and the personal items we stolen/destroyed/damaged/etc.

In summary, that would be a great time to buy these stocks.With the (limited) knowledge I have on stocks, these are the stocks in my virtual trading (like a Play Money Poker!)