I am very much a rookie in the game of real estate investing, and was excited when I learned about the BiggerPockets community.

I've read and heard a lot about it especially via BP Podcast but would love to hear some of your stories as I am a rookie to the whole R.E Investing world.Kind Regards,C

I won't buy any property that isn't immediately worth more than I paid for it including the cost of rehab and fees/expenses associated with the purchase and a little (or a lot, depending on my strategy) left over for a margin for error and profit.By that simple definition that likely automatically excludes toxic waste dumps and environmentally contaminated sites because the cost to cure can far exceed the property's value and can follow you even after you sell.  

I am a dedicated rookie investor with more than 5 years experience working under mentors as a volunteer to gain experience.

Account Closed  agree with your take on bad agents and bad wholesalers.And that certain deals are time sensitive and agents may not be the best avenue.The reason I have owned a few brokerages over the years was to get a pipeline to the distress need cash tomorrow deals.. that my rookie agents could no way put together.My point and its the only point .. is that there is a RE industry.. and the person that grabs a home on a wholesale contract then tries to market it on crags list and only closes if they can flip..

The Hubzu title company created a few errors along the way. 

If there are any errors to your report, you can write letters to the credit bureaus to have them removed.What I DON'T recommend is using one of those "credit repair" companies that are advertised all over the net. 

. - Risk to seller: contractor injure & will sue owner on record- Risk to seller: Contractor cause an error with plumbing or electric - can be costly to  seller since until the deed not signed - property still belong to seller and buyer can just loose escrow. 

Further, there appear to be some errors in the calculations as stated by previous posters.

Pardon the error.