Like any good entrepreneur, David Milligan saw an opportunity where others saw only a problem -- in this case, the glut of foreclosed homes in California. Milligan started experimenting with eco-friendly dyes to keep front yards green, and cities signed him up to keep hard-hit neighborhoods from appearing blighted. "We're trying to maintain properties so they stay at a decent value. It's money well spent," says an official in Perris, Calif., where about 1,000 homes are in foreclosure.

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