Here is one thing I've noticed about BP.

We took it all the way to the state office of the Association of Realtors and they ruled it is OK as long as it is stated ahead of time on the MLS.

Thanks ahead to anyone who responds.Dustin

A book or two will present background information in an organized manner.Short sale is getting a lender to accept an offer for less than the owner owes on the property.Preforeclosure is that period of time from when a notice is filed by the lender that a loan is in default until the sheriff's sale happens.

I also have not noticed any "slowing" down of the resopnces we get from our marketing.

However, when planning a ski trip to Snowshoe Mtn, WV, I noticed they had several units available for similar to lower prices in a resort location.I have requested information from their sales team regarding cash flow and rental management (they do it for you) but am interested to hear if anyone else here either owns property at Snowshoe, owns property with Intrawest (the company who does the real estate), or owns property near/at a ski resort- any tips on how to evaluate an opportunity in these niche markets?

Thanks for the responses ahead of time.

I have been looking into HUD homes as of late and have noticed a HUGE amount of the homes are uninsurable due to termites.

I've seen a picture on the internet where I found it and it looks a little run down but manageable with a little time/money which isn't a problem.My question is: If I go ahead and buy this house, can I instantly turn around and get a home equity loan to fix it up a bit and make it really rent friendly?

By growing your portfolio, you'll be miles ahead of your cash flow example every time.