@Todd Goedeke I would have to disagree.......Why would this be a blanket rule across all municipalities? 

Others will disagree and that's fine too.Also, the above only looks at pretax returns.

I get that..... but I disagree that you can't learn to sell houses without buying one yourself.

We can absolutely agree to disagree on certain aspects of the business because end of the day, there are many ways to create value and help others achieve there goals.I actually create a post in the technology section called AI in Real Estate - What's Hype?

And, yes, a 50% discount would be suspicious but I've never seen any and I don't think we'll see any in the current market.Sebastian, I could follow your reasoning that a 10%+ discount is suspicious if you're thinking is along the lines of "nobody is offering more than 10% so it's not in the developer's interest to offer more so, if they do, there must be something fishy".Apart from that, I strongly disagree.

I wont disagree but you may find that PMI is worth it to get into a specific deal potentially. 

I couldn't help but notice you didn't disagree with anything I wrote. 

For example if a agent stands outside a open house, you approach them, they show you the property and makes a offer, it automatically binds Agent-Client relationship although there was no specific contract entered between parties.I disagree with that.

I would disagree about the "broke" college student angle.

Agreeing to disagree is still allowed :)