My lease contains a very long clause that indicates that the tenant is not to do anywork on the property... not even painting.

I much prefer fewer, more expensive properties, rather than many very cheap properties.I plan to purchase a portfolio, do any necessary rehab and then sell to an owner occupant or rental investor.Thanks for any direction/advice you can provide.Aaron

I can't ask him because he was joking and would tear me up if he thought my questioning indicated that I was seriously considering it.

Jon,Local short sale investors here have indicated that they have shorted investment properties of other (failing) investors.Banks aren't sympathetic towards the defaulted investors; they're simply looking at lowering their losses by accepting the short sale, just as with an owner occupant property.

Find out who owns the property and send a nice personalized letter indicating your interest.Sometimes they'll call back, sometimes they won't.But if they do call back you're ready, correct?

Once I owned the property they got a letter indicating the basics of the lease.

Karen - So, the amount of money someone has is an indication of how much they love capitalism?

If you have read the rules as you indicate when you sign up for an account, then there should be no reason why you'd break the rules, right?

Anyone who has fewer than three jobs and is complaining doesn't appreciate what this country has to offer...As George W pointed out to that lazy divorced woman: "You work three jobs?

As James indicated, you might not find them willing to budge enough.Now, you did not say which lender positions are foreclosing; it could be that the first position lender is being paid and that loan is current, or it could be delinquent and the first is foreclosing.