I wanted to comment in relation to Jim Pipers comment.I feel that the strategy of asking for a reduced commission is a mistake.If you are going to be a long time investor buying a lot of properties in a specific area then it's not a good idea.If you are buying a one off property and nothing ever again then the ramifications might not matter as much.In residential a lot of the agents are desperate and investors feel they can walk all over them and treat them like dirt as a dime a dozen.

It's free to do so and then you know you can close before spending a dime on anything.Let me know if you have any other questions. 

Don't spend a dime on polish trying to put shine on a penny.Clint 

Pinching pennies and nickel and diming everything doesn’t lead to deals and good relationships with people that we deal with in this industry.

I respectfully think that all these newbies wanting to start out investing out of state with turnkeys are stepping over dollars in state to go pick up dimes out of state and they don't fully understand or appreciate the risks of this strategy.

@QR Miller, That is good thinking letting the seller know they will not be getting a dime for letting you put their property under contact.

So that I can make a dime and have a place for my family and save them a dime.

I don't need a portfolio of 50 units to produce serious monthly income.It doesn't happen over night, but it does happen ... and to those that say it is all speculation, please consider that I've been doing this through one of the worse RE downturns in recent history and have never lost a dime on any one investment ... never even had negative equity or cash-flow, except for odd months where the water heater goes out or the roof gets replaced.

But they want proof that I can earn my way before they are willing to invest a dime.

No membership fee needed, I don't get a dime any which direction on any of it, I share this because I can.