It's 10 percent down at time of win and then the rest cash within 10 days and often they can sell out from under you the underlying obligation which can resolved before you take the property.

Its a very CASH intense business and buying without title insurance means its all CASH no loans..

The increase in property taxes, insurance, and maintenance/wear and tear may erase all of your gains and more. 

Only “off” thing that happened was an email to our insurance rep asking to be placed as the first and only mortgagee - which I caught and they quickly apologized for and corrected.

The property owners IN MASS burnt down their properties, which, since they did not file insurance claims was actually the only LEGAL way to free themselves of the continuing negative cash flow of these buildings.  

Our lender required us to have title insurance and this week my wife will be submitting a claim! 

The two most significant operating costs are property taxes and insurance.

Increasing your construction budget by a small amount can have an enormous impact on your overall construction budget, productivity and site safety/insurance premiums.

I know years ago a family that did have their treehouse insured. 

Stop spending.I'd be surprised to see anyone take on a face-to-face mentorship with someone under 18, just because of insurance and legal implications.Listen to your parents, get a degree (something that can't be taken from you), get a job, build some cash.