I take all those with a grain of salt as they will always advertise or talk about the best of the best, not reality, which is where most investors will fall, especially starting out. 

Take with a grain of salt answers from non-Texans, and if much of your knowledge about how EMDs/contracts/contingencies/etc work comes from BP then re-evaluate what you think you know based only on the wisdom of fellow Texans (who may or may not be on BP). :)

@Mike Percy  You're welcome, just take my advice with a grain of salt.  

I always take news from sources whose purpose is to get you reading and clicking (read: sensationalism) with a grain of salt. 

Take that with a grain of salt since I live in a country with much different standards. 

I'm just about to write my first contract on an investment property-so take this with a grain of newbie salt-but my plan right now is to do a combination of what you are debating.

I've never attempted what you're doing, so take this with a grain of salt:1.

While in theory they could, here are a few challenges I see to that (and I preface the following with the suggestion that others have way more knowledge and experience than I do, so the 'grain of salt' rule applies :)): Once a property is set to be listed, the big expenses for a rehabber are the holding costs (property taxes, insurance, interest on a hard money loan, etc.).

The sugar approach is always best but the salt shaker I always keep in the glove box if need be.

Hi Lisa,Newbie here, so take this with a grain of salt.