I definitely like the other answers and perspectives.

That's a breath of fresh air in America today!

From a buy and hold perspective, I don't see a way to make that number work.

Does someone mind offering insight to the value of a mortgage release, in the perspective of a lender as opposed to letting a house go to foreclosure or offering it up as a short sale.Here is a link to the description I read surrounding mortgage releases.http://knowyouroptions.com/avoid-foreclosure/optio...Also, to perspective buyers, can you attempt to buy a property from original owner even when the mortgage has been released or would you have to somehow contact the bank?

I still drive by the building and 7 years later, it still looks fresh. 

As you are looking for deals if you have a buyers list you are using the criteria that was given to you buy your perspective buyer.

I am fresh out of the BP classroom on wholesaling I have a seller that I am communicating with and they asked me was Iooking at the house for a flip.

I'm not a tax professional, but I've talked to several about this, and here's what they've all indicated to me:From an IRS perspective, the amount of time you hold a property is irrelevant.

As I walk in the front door I am hit with a pungent odor that I can't quite put my finger on.After a couple minutes of talking to one of the tenants I realize it is the smell of fresh game (love me some deer steak).

I feel that you're able to gain different perspectives than you would otherwise in a car.