In possibly one of the most unusual cases to emerge in light of the growing foreclosure crisis, there is alleged con man Paul Salamone, who prosecutors say claimed five foreclosed homes in Suffolk as his own, starting in March. Salamone systematically changed the locks, made renovations in the homes and then rented them out to “tenants” who thought they had found a good deal on Craigslist, authorities say. Many real landlords do advertise on Craigslist—but Salamone was different: He had no claim of ownership to these homes, according to investigators.
See you can still make money in today's housing market, you just have to have the entrepreneur spirit.
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