., have great data (actuals), but their projections can be, and should be called into question and examined.

IRR does this by examining the effect of time on the value of cash outlay so timing is everything.

There seems to be opportunity in Fellsmere and Sebastian, to the north, which is even quieter than Vero.I'm not in a position to help with any deals just yet, as I am preparing to take the state license exam in a few weeks, but let's stay in touch! 

@Darrell Shepherd"BTW, Any buyer using numbers given to them by someone that makes a profit when you buy whether you make money or not should have their head examined.

@Dennis M. geez beat down on the newb ( XD I kid ) not rationalizing just examining all the angles I can to learn how to make a good deal and when there isn't one to be made; and yes it does suck, that's the area I seem to be in, so expanding my search.

The examiners who look over properties before issuing title policies may want to see your trust agreement to ensure there aren't any issues that could cloud the title, and this can defeat the trust's ability to protect your privacy.

You don't need a college degree to become a real estate agent and the course work and examination is minimal to become one.

Not likely going to happen.If you re-examine your own profit model, establish a budget and timeline for most QTA's you'll probably have a $2,000 - 25,000 expense, absent any litigation. 

If you are not from Detroit or have not been to Detroit and examined the areas you are looking to buy, i suggest you visit before buying anything.

If you examine your agreement and title policy, there's likely a clause that addresses how 'claims by others' is handled.