I think many investors falsely believe that just forming the LLC will protect you but if you do something fraudulent or malicious a good attorney is going to piece your corporate veil and go after you personally.

It's given a false sense of what's needed to be truly competitive. easy come, easy go

It's quite absurd.

This is absurd. 

I bet your realtor knows that and only wants to give you false hope because he wants the listing.

With that said, I am curious to hear if anyone has come across this and would love for you guys to share your absurd attorney contract experiences.....

The one thing though that makes me grind my teeth is when the letters have lines in them that read like the following:  " We are the premier real estate investment company in the Memphis market ".Knowing that this is a 100% false statement and most likely they dont have any homes to sell bothers me a little. 

It's $25 for non-members but I've heard a rumor that they'll let you into your first meeting for free (that could be false, though!)

The lender put her through the rigorous application process and suddenly the loan officer is telling her that he JUST discovered that the guidelines require her to put 15% down instead of the 5%.I'm pretty sure that's false, but I want an official reference (on the web) to show him it's false (unless it's not).

If you have a network already that might be adequate, but building one from scratch requires some time and often a few false starts.