That does seem about right.One thing you will want to be careful about in that strategy is the appraiser lottery.

There are kinds of down payment assistance programs in many different parts of California I read  in LA that provided up to $80k in funding i just got an email about a $10k teachers assistance program in NV .USDA loans 100's of programs across country for civil workers farmers etc The Hud lottery program for teachers,police etc another example Any little bit of assistance can accelerate the home buying timeline for those in need.

I'd take PMI if I secretly know there are buried diamonds in the backyard, or someone that just won the lottery grew up in this home and I knew they'd pay top dollar to get it... you get the idea.

This is probably their sister business to the lottery processing/notification business.  

If you want to simply get it for access to MLS and hang it up at a discount brokerage; then I think you are wasting a very valuable (not to mention expensive) resource.I look at the real estate license as this...A Real Estate license is a "Winning Lottery Ticket" just waiting to be cashed in!

I closed on it, did the cosmetic stuff myself and closed on the flip 2 weeks after I listed it.Made 20k and thought I won the lottery.

I threatened to contact the drug task force about her son and his activities and haven't heard anything else - yet.Will tenants sue you in an attempt to win the landlord lawsuit lottery?

Why is it that lottery winners always end up broke?

Finding a good agent is like winning the lottery.

Sounds like the electrician maybe spent all the money on lottery tickets and now needs some money.Has the electrical inspection been completed?