I waived the home warranty as negotiation tactic because since home inspector went thru house and did not find anything that would suggest there would be problems with covered items on the home warranty.Home warranty does not cover pre-existing conditions, but makes exception for real estate transaction, if1) malfunction was not know to seller's agent, buyer's agent and home inspector.2) malfunction cannot be detect thru visual inspection or simple mechanical test.so here is my malfunction that ended up costing me $1300.the shut-off valve to the kitchen faucet made a grinding noise and started leaking when i was turning off the supply to the kitchen faucet. this is day 1 in the house. i also had toilet tank spurt out water from the side, whenever i flush the toilet, indicated a seal issue--again day 1. not sure how the inspector wasn't able to catch this.because i live out of state and had to go back to work on day 3, i had somebody come out to replace a total of 7 shut-off valve to plumbing fixtures, 1 main line valve, and 1 water heater valve due to corrosions on the these valve parts for 1300would home warranty have covered these replacement or would they try to wiggle out of paying for them saying the corrosion was visually present, and when not present, the leakage would have been detected had somebody trying turning off and on the shutoff valves or flushed the toilet?

We were able to swing a LOT of pre-existing wiring under that 'cover' & it saved us a lot of time & $$$$.We always go with LED's as I have seen a lot of cooked wires in junction boxes from years of excessive wattage incandescent ceiling lights.

Case in point: @Justin Sheley had 25K of preexisting personal credit.

To enter them you must have the pre-existing relationships with the deal sponsor(s).

The whole point of using a referral is to be able to lean on the pre-existing relationships to help solve problems.

Are there any advantages that a pre-existing owner receive for owning such property?

The top result is this article about a speech given by John McCain in 2008 where he confirms that the navy has been floating around with nuclear reactors on board ships and submarines for 60 years with nary an accident: https://www.politifact.com/truth-o-meter/statements/2008/jun/09/john-mccain/navys-record-unblemished/Great, I found what I wanted and confirmed my pre-existing beliefs; the navy has an unblemished record with nuclear.

But only speak with local owners with which you have a pre-existing relationship.Through your investigations, you should have a clear picture on the owner’s reputation, which will give you an idea of the quality of the asset, and the owner’s motivation, which will allow you to evaluate the risk points of the deal and submit the most competitive offer that is curated to fulfill the seller’s needs.

No way can I get new construction built for what I could buy preexisting in town, but it would be great to have the unit(s) close and new.  

Hence you need to have pre-existing long term relationships with them prior to them deciding to give you money.2) once you have the relationship established people/investors would also want to see your track record to prove your credibility.