The financial portion is a bonus, but I am excited to breathe new life into properties needing a little or a lot of TLC.

I'm holding my breath . . . .

I've emailed my title attorney the letter and asked if my title insurance might cover this; no response yet [ seems odd that the letter would be sent so that it arrives on a Friday after business hours]  and I'm not holding my breathe that I will be covered. 

@Natalie KolodijAnd that is why you are going to be our next CPA when ours retires in the next few years, cuz you live and breath this stuff!

Hi All-I'm sure you were waiting with baited breathe for an update from me :)After months and months of looking, offers, counters, etc...

If you need a title company send me a pm and I'll share my contact.I know this, there are people with money that live and breath the Denver auction so I agree with @Anson Young .

I've found that when you give yourself some space to breathe, you'll figure out what to do with your time.

Stp, breath deep (twice) and think about it - (I suggest you glance at the sky while you digest this and breath deep)Example: an imaginary one, but will show the impact of commissions on bottom line. - a Flip.The Acquisition:Acquisition cost $100,000 (purchase price + closing costs)Rehab: $25,000ARV: $160,000 (assume this is the sale price)Assumed you get investor to finance you 75% of project: ($125,000 x .75) = 93,750Your equity (cash for "cash on cash" calculation): $31,250 (100000+25000-93750)Now the sale:Sale price = ARV $160,000Sale commission 6% ($9,600) - traditional listing agent.Other closing costs: ($2,500) (lets ignore the interest for this exercise)Profit: $54,150  (160000-9600-2500-93750) Cash on Cash 73% (54150-31250)/31250 ---- VERY SWEET INDEED.....BUT ASSUME YOU GO WITH A FLAT FEE LISTING SERVICE (FOR $99) AND OFFER 3.0% COMMISSION TO BUYER AGENTSale commission 3%+$99 ($4,899)Profit: $58,851 - (160000-4899-2500-93750)Cash on Cash 88% (58851-31250)/31250----- MUCH SWEETERYour see how a small % change in the commission has an exponential effect on your Cash on Cash due to this simple fact: Commission come directly out of your equity while commissions are calculated on the entire sale price, which a large portions is leveraged by the loan. - a change in less than 3% in the commission impact your Cash on Cash by 15% - WOW!

When it's important, you can stick to your guns (wow factor items) but otherwise there's a lot of deferring to the path of least resistance.For example:I'd like the spiral staircase to the roof deck located inside >> rejoisting roof supports, building a shed on top vs a hatch, possible bulk plane issues, taking up too much space to leave room for doors, $$$$ >> okay fine the staircase can stay outside >> team breathes a sigh of relief, I simply sighAlso, I always want to start shopping for finishes so they're ready to go when we need them - especially since I look for those special finds that aren't available on demand - but there's no convenient place to put them before we've done floors and drywall.  

The breath of different real estate investors are astounding, and I have seen many a newbie who sat back and just posted on BP finally get the inspiration and courage to start after attending their first Summit.