I'd also want to know the average loan amount to determine how many more loans are needed to go from today to $5m/month. 

I would imagine if the home is being prepped before hand to remove all hazards, post burn there should be minimal debris.

If somebody out there has a bunch of sub to deals, this could create big problems for them I imagine. 

I can’t help but imagine it would be that guy’s last day if the appraisal came in $1 under the sales price. 

Insurance is going to protect you financially from lawsuits, damages, total losses, and other scenarios we can't even begin to imagine until it actually happens.You'll want to have a broker you can work with and trust that will make sure you're properly protected in the event of a loss.

I guess my first question, which I imagine is similar for many who enters into this forum, is what is the best first steps for someone who is interested in real estate and investing, but doesn't have a great deal of capital to begin the journey?

Well one thing that is interesting in regards to Earnest Money is that you take a place like Ohio, I'd imagine it's the same in Oregon but in Ohio the Division of Real Estate regulates the activities of real estate brokerages and their trust accounts but the Division of Insurance is who regulates title companies.

Imagine if you had one single-family home.

If anyone in the forum is interested, send me  DM, I'd post it here just not sure if BP will allow it.I visited and like everyone felt in love with the country.

Imagine what your life would look like if you had held onto all that real estate from 20-30 years ago.