You can waste a lot time on this or you can actually do real estate :)Banks are not going to talk to you unless your a HUGE player and even then you would be buying on QCD - the fact your asking this question tells us your not a huge player - and when I say HUGE player like your one of 10 people in the country who can do this.Auctions are your best bet or pre-foreclosures lists but your not really going to be chatting with the banks much.You can try to create a relationship (which means buying from them over and over) with a broker who handles them.

I bet the San Diego market has lots of opportunity.

dmj4...that's a good idea but I'll bet a few months from now it won't matter because they will extend it to more people but the key is which banks will actually go for it.

However, I caution anyone willing to place significant bets that Obama's "stimulus" plan will reverse the current recession tide any time soon, to simply examine the largess of issues confronting our economy.

I bet they would be yelling and whining about that.

Make it a habit to purchase with VERY conservative numbers when starting.

I bet you'd be amazed by what you'll find yourself getting when you give $1,000.00 to the right charity, not just $500.00.

Central banks print money and governments spend money as if there is no tomorrow, and all bets are off.

I'm not sure exactly where that is in FL but I do know if you plan on buying properties there I'd bet that the local economy will be positively impacted b/c of your move there.

Napoleon Hill's "Think and Grow Rich"Remember, real estate is still a business and even though these books have nothing to do with real estate, they'll greatly enhance your real estate business.One last thing, reading books is a great habit to acquire.