My head start was an $18000 accident settlement that I used as a Dp on my first condo many years ago.

When I acquired mine they actually rolled over from the previous landlord in the mortgage settlement.

In 2013 as part of that national debt settlement lawsuit with the government wells fargo "forgave" that second mortgage so nothing is owed on it. 

read the listings remarks, look at Days on the marketed (DOM)look how many times the price has been reducedlook for signs of sellers motivations in remarks (owner financing, must sell, seller motivated, vacant, needs work, estate sale REO etc)as an agent, you can talk to agents, not as a buyer but as a fellow associate; ask questions of the listing agent; why do you think it has not sold, is the owner flexible, can the seller take back some paper, what is their mortgage balance, are the payments current, will he consider a master lease, a delayed settlement subject to an assignment, will he do an auction hybrid, can he contributing subsidie payments at settlement, will he joint venture, will he repair the deferred maintenance, will he contribute to a repair allowance?

Since my skiing accident, which was 100% the other guys fault, possibly even Vail, I've pursued attorneys to reach a settlemental(I'm not mad at the guy, i think inuance agents are some of the worSt of the worst).

Often times the settlement is still worth the property acquisition and although it is a process it can become a niche for someone interested. 

.- Prior to closing, review the preliminary HUD-1 settlement statement and make sure there are no errors.

If there is a tenant already in the property make sure you do the following before settlement-* Get a copy of the lease* Confirm security deposit with landlord and tenant and make sure you get it at the Table!

Once you establish your relationship under Laws of Agency, then real estate licensing laws apply.You can study aspects of real estate, how to find a market value, the ARV, costing, title and settlement, but you're still missing the glue that holds these different aspects or functions together for dealing legally and ethically in the industry of real estate.

do i get hit with a fee from a HUD repsuch as thisSettlement or Closing Fee: This fee is paid to the settlement agent or escrow holder.