Your advertising costs and procurement costs are gone.  

I have learned some extremely valuable things, procured some great tools and more importantly, met people that will help me on my journey.That being said, @Steve G. is spot on!

(e.g. marketing, front yard signage, procuring a buyer, negotiation, etc.) 

(I preferred those hours so I can trade until market close during the week) My experience in real estate consists soley of literature I've read and some failed attempts at procuring some properties in 2010 when every investor out there was outbidding me here in Vegas haha.

And in some situations there are no prepayment penalties (this is usually reserved for short-term, hard money financing).If you are able to procure a conventional mortgage for non-owner occupied investment property financing then you should.

This would possibly maximize your return for minute of time invested in procuring real estate investments.  

So, maybe we test the market and see, it can't hurt and then if it's likely to procure less than $350K, we bite the bullet and rehab. 

So, it may be a good idea if you factor an additional $5,000 to $6,000 in fees to complete the judicial quiet title action and recognize you really can't (and shouldn't) do anything with the property until you can procure marketable (i.e. marketable) title and that will take at least 6 months.  

Account Closed I am very skeptical.Do buyers at the 150K home level typically signagreements to purchase a home before even the land is procured?  

I had intended to purchase 6-10 additional properties per year for the foreseeable future but now I'm concerned as to whether or not this company is looking out for my best interests, but if everything continued to go well there would be no stopping me from continuing to work with them and procure dozens of properties over the next handful of years.