This stretches my dollars further and provides a higher ROI in most cases.  

Without supplemental income you want to be more conservative, but with supplemental income you can stretch these a bit

For a 3 month stretch, near 10% reduction in home sales may seem big but ultimately I think can be expected along with a slight increase in average days on market given the current circumstances.

If you are hiring out the work 100k is probably not a far stretch.

@Nicholas Munford  Leverage in this case is simply stretching your money and using it to get multiple properties.For example if you have $50K cash and wanted to get rentals. 

I am in the home stretch of a complete top to bottom renovation and in need of a GR8 cleaning company to get the 3D  (Dirt, Debris, and Dust)  out of the home..... 

If I'm stretching out ownership over decades, this all starts to matter.2.)

Quote from @Staton Jobe: @Peter WaltherYes, it's a ALTA Homeowners Policy of Title Insurance...I have no idea what that means...again, naive...And yes, the property is in the US (Virginia)Ahhh... it's a Homeowners Policy -- you generally have to be a Natural Person to be the insured (or an insured who takes title by operation of law such as death rather than by deed).Getting the underwriter to consider the LLC an estate planning entity (as Peter suggested) may be a stretch but there may be another angle and the savings would be worth the effort.

It is a trans-formative eye opening book - You know your nephew, but I dont think its "overload" by any stretch.

The dry land sits in the back and the only way to get to the dry land is through a 250 foot stretch of a neighboring property.