Are you talking about properties designed for people with disabilities?

It seems with each deal we approach we learn something new which sends us in a different direction.

My current approach is to go at 65% of ARV - rehab costs - wholesale fee to get to my max offer.

Obviously a number of these foreclosures may have their share of "catches" (location, distressed, etc..) and would need due investigation, but all things considered, would you conosider it a reasonable approach to begin a real estate investing career on properties like these if I live on the west coast?

It seems unlikely that has happened "months before" and the broker is just now poking around.Reply: We have been approached by realitors - 2 in the past two days with letters stating a bank bought it in auction.

Are you sure you have included everything - all the design and permitting fees, impact fees, roads, water, sewer, electric, stormwater, landscaping, street lights, marketing costs, commissions to sales agents, financing costs and lender fees, attorney fees, recording costs.....Also, your statement "it is already in the process of being split into 1 acre lots" worries me.

Steve was awesome, I enjoy his approach and his humor.

There is nothing wrong with the law, it is designed to protect people.

Individuals are eligible for this program if their homes are located in an area that was designated by the President as a disaster area and if their homes were destroyed or damaged to such an extent that reconstruction or replacement is necessary.

But if you have an actual project you want to approach them about, then you will get some good response.