My name is Leo and I just started with this new REI adventure last month. 

Like you, I stumbled into Rich Dad, Poor Dad, tried to quiet down the "adventurer" in me thinking, "Hey, if ain't broke why fix it" (referring to my 9-5 day job). 

Insurance is a lot like gambling: the house always wins.They entice you to pay extra by promising to cover the full cost, minus deductible.

**************/mvc/auction/810929So buying it is a gamble that the owner never pays it off and you could foreclosure on the house.However if owner pays it off then you would loose everything over the $85 you pay?

So pumped and excited to get my real estate adventure off to a good start!

Currently interested in beginning my adventure into buy and hold real estate.

However, if he is giving you a discounted fee for his labor and is willing to gamble on a percentage of the "profit" instead then that would be okay - but you may have to dig in your pocket to pay that percentage at the back end. 

I have a long road ahead of me but I am looking forward to the adventure and opportunity that lay ahead!

Write to the Travel Channel, get on Ghost Adventures, your house will become famous, raise the rent due to people wanting to live in a haunted house they saw on TV. 

And where are you now in your real estate adventure?