For example - the seller can use it for their due diligence fee, pay off a credit card, pay off a medical bill, gamble, buy a bathtub full of gold, etc. the moment they receive it (normally the day after the offer is accepted).

. :-) It's gold!

I'll pass....Great PM's are worth their weight in gold and worth it to some people.... others are worthless and will rob you blind, hire crap workers and nickel and dime you to death. 

You might expect a shingled roof to last ~25 years because the shingle might be rated/warrantied for that period of time, BUT if you monitor and do repairs as they come up it can very well last 30, 35, or even 40 years which to many people sounds crazy but since roofs are expensive those extra years are like gold!

Sold for $47k and after 10% commission for my realtor ( a land specialist from National Land Realty.Good realtors with local knowledge are worth their weight in gold!)

Kevin, welcome aboard.BP podcasts are a gold mine of information.Connect me with anytime. 

Level 2 River White Granite and Venetian Gold Granite are two other options I'm looking at...The home is a rental property which I'll either move back into or sell in 2-5 years.Above - Agreeable Gray wall w/ floor tileView of the kitchen (these are the old cabinets which I'm using until the new cabinet installation)Another view of the kitchen (before the recessed lighting install)...you can see where the island is going to go.Thanks!

Everyone seems to be holding on to these properties like gold but there has to be some opportunity out there.

So many gold nuggets in each and everyone one I've been listening to so far.

Hello All, this is my 1st time posting on Bigger Pockets although I read many, many, many posts… I’ve been looking for ways to get started or create cash flow until I make my 1st rental purchase and realized I’ve been sitting on a gold mine.