The government, having bailed out Fannie and Freddie in 2008, owns most of the pair.

The seller seems to think it's fraught with complications or that my buying it subject to her financing will prompt problems from the government.

I personally would't buy any property up there until the government decides what if any downsizing will occur at Ft Drum.

The City Manager and Police Chief throw up their arms and say there's nothing they can do.Due to the low cost of living in areas such as Redding, many of the homeless and ex cons make their way there to live off their government subsidies.

The one accurate thing I have found the IRS to publish is the amount of time they estimate educating and filing a form will take at the beginning of each set of instructions - some of them cite 40 hours and I've found that to be about right the first time around - the second time is much faster.Thanks federal and state government!

In an equity investment, those remedies aren't as available if you follow the regulations, thus the distinction. 

Now, I did notice somewhere there is a reference to new regulations on capitalizing acquisition costs. 

Assemble a team that includes not only the QI but also your acct for tax planning purposes and you'll find that at the end of your career you've not only used incredible sums of the governments money to finance your own investing interest free but you've also eliminated (not just deferred) most of that tax.

Unfortunately, bank must follow certain regulations and meet global debt service ratio's. 

Whatever your feelings are about debt for yourself, a great concept to recognize is that other people will indebt themselves enormously (and banks and the government and family members will assist those people in indebting themselves) for the purpose of buying a place to live.