Socratt, what you are saying is common sense…this isn’t 2005 though, it’s 2010, when you are buying homes (through non performing notes) for HALF OF REPLACEMENT COSTS you are getting a great deal. These are the kind of deals that are out there right now for diligent investors. Times like these is when big money is made….

You can sit back and philosophize all you want or you can get in the game and see if there is anything worth your time and money….