However we found some pretty cheap third party flood insurance. 

Put another way, when 5% is the easy money, then I tend to think there are reasonable opportunities to make more than that.The bank is just a "spread" trader actually.During cheap money era they borrow money from the Fed with 0.5% rate for example, and then they give us mortgage rate of 3% rate and 7% HELOC.

They bought a cheap duplex in Milwaukee, fixed it up nice and can't get a tenant even though we have a rental shortage.

Whenever you are using leverage, you need to have ample slack in the system and sufficient cash reserves (or access to cheap & instant cash) to cover vacancies, capital expenses, unplanned maintenance, and other issues to avoid missing your note payments. 

$75/hr is kind of cheap for tax professionals. $75/min is something I shoot for. :)But it's beyond the point.

Hey Sunny, Random HI Mortgage Broker here, Here is my two cents:1) 1.5 bps a day is actually a very cheap lock extension price.

Typically there are reasons these homes are so cheap and a good agent will help their client navigate those issue s.

I bought a cheap townhome in 2004 and sold it in 2012 to buy an office for my real estate business. 

Home prices have been going up for 10 years, so quality stuff is not cheap.

I used to consider umbrella to be cheap insurance, but that is no longer the case if you live in CA.