(or errors by the title examiner/title company).You wouldn't have title insurance coverage for mechanics liens under either scenario unless you purchase an enhanced owners policy (or paid an extra-hazardous risk premium).

I am sitting my RE exam in August and researching what brokerage to join.

You'll have to carefully examine all of the numbers to see if putting a deal together is a profitable endeavor. 

I work a full time job and passed met real estate exam in September.

@Kyle Moreau when examining a "Cash out" mortgage vs a HELOC/LOC there's a couple of main points of difference between the two:1.

The milestone inspection consists of two phases: a visual examination of habitable and nonhabitable areas of the building in phase one and, if needed, a phase two inspection that may involve destructive or nondestructive testing to fully assess areas of structural distress.

Section C requires that the sponsor take active steps to verify that investors accreditation claim is in fact true; however this is quite easy as all that is required is a letter stating such from the investor’s attorney, CPA or investment advisor, or examination of the last 2 years tax returns to show required minimum adjusted gross income.  

In response, property managers receive specialized training to meticulously examine these documents, pinpointing discrepancies and confirming the accuracy of the information.

Property inspections are like check-ups for houses and buildings.Just like you visit the doctor to make sure you're healthy, property inspections make sure the property you're interested in is in good shape.They involve hiring a professional inspector to examine the property from top to bottom.These experts have a keen eye for spotting any issues, big or small, that might be hiding beneath the surface.Why Do Investors Need Property Inspections?

Next, take advantage of free tools such as Zillow to examine the current housing market, and use Airdna and Rabbu to compare pricing with anticipated returns.