. $12000/120 month lifespan=$100 per month for the new flooring you just put in. Still

I instilled in my mind the mindset I needed to play the game and get back what I believed was taken from my family.

We refinanced to a 30 year mtg at 2.875% about a year after moving in - still owe $280k. 

I thank you for this amazing example that I am now going to integrate with my REI Agent Advisor training program as it's the perfect poster child of everything wrong with this "segment" of persons, there propensity to need the center stage and grab every soap box opportunity regardless of capability or command of any coherent specific knowledge, experience or performance and even a step further, boasting of their ignorance and instilling the PC-socialist rules that since they are clueless all others must adhere to that low bar and not show them up for fear of dashing the "all are equal" chant railing over and over and over again. 

I did not buy mine turn key but instilled a certain amount trust in the referral I was given to discuss things with the team in NC, analysis showed potential of upwards of 45% return CoC.

My father was an appraiser, so he definitely instilled the importance of "location, location, location!"

Instead of instilling fear in your son over such a low risk, buy him a step ladder and teach him the importance of calculated risk, "caveat emptor", and the responsibility to honor contracts. 

Probably not.Can you instill confidence in that seller, the only way really is with your money and knowledge, most important is knowledge.

Discuss the details of the instillation in advance to make sure you are both on the same page.

I try to instill on my managers they are not just employees, but they are the most important team member.