I think receiving an invoice is perfectly reasonable.I am not sure about Denver, but in Boston that price does not seem too unreasonable to me.Also, I may be speculating, but to me, rodents are more preventable than wasps.

It is definitely speculative, but there is plenty of data in place to lessen the risk if you're looking to flip it quickly and not buy & hold while waiting for the new airport/mall/whatever to show up. 

In my opinion, it doesn't have the same degree of speculation -- yet -- that most other areas of TN have seen.

Physician neighbor is caddy-corner and paid $190 for a larger house last year.The town is working hard to gentrify, but speculation can be risky. 

So for them, they have no interest in taking money from someone who can't afford it.Clearly this is all speculation and I could be completely wrong, but I see this making it easier for illegitimate syndicators, fund operators, and money raisers, to steal from the unaccredited crowd.

On a short sale though it may not be worth the headache or costs associated though as the whole transaction is speculative anyways. 

If you have deep pockets and want to speculate on appreciation then I understand why this may make sense in "certain" situations. 

I know I lost out on some speculative gains but my goal is to keep my money and then generate positive cash flow.

Early 70s OPEC & poor economic leadership, in the 80s the S&L crisis and 1986 Tax Reform Act and then stupid lending practices and speculative overbuilding leading to fall in 07. 

Although you might think that only applies to a contractor, they have the following example:Operative (Speculative) Builder (Also known as “Flipping”) A person who owns land and builds with the intent of selling the building once it is complete is an operative (speculative) builder and is a prime contractor.