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).

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

This position consist of managing the settlement processors, conducting closings, solving title issues, preparing closing documents including the HUD and/or CD. 

I believe it is safe for the beginning investor to learn how to control real estate with a delayed settlement contract with right of possession and subject to assignment to a third party during the delayed contract period (you can delay a settlement for as long as you want, 2 months, 2 years or longer), when you have the "right of possession", you have an opportunity to fix it up, put it on MLS, have an auction or assign your rights to someone else for more money.Control is the key word here.Charles

In a partnership there is always thoughts that someone is not doing their fair share.......they get messy.This is a great business, it has lots of moving parts that you need to be aware of them.Lots thrills and negative aspects (bad tenants, bad loans, expensive lawyers, unreasonable housing inspectors, rent court, housing court, unproductive real estate agents, IRS, recording keeping.....etc.)And those THRILLS........ the elation and joy of sitting at the settlement table and watching, almost in slow motion, as the title officer slides your assignment check across the table, you slowly and with high anticipation turn it over and read your name and the dollar amount.

One of my houses is in a development that received a letter from the HOA about a settlement with CertainTeed for houses that were roofed with CertainTeed. 

Once you use your HELOC for a down payment is that counted against you when getting approved for a loan just before closing/settlement? 

I just got a little shy of $30,000 from a seller and their listing agent for a client of mine post settlement, because the listing agent wasnt familiar with a law that was passed that required the disclosure of private water utility costs.  

In Philadelphia they can be 5-6% of the purchase cost (plus settlement agent fees, notary fees, title insurance cost, etc.), however in TX, I do not believe there is any transfer fee cost.

If you have a relative in FL, they could be your registered agent or even the attoney that you use for settlements in FL.