With the advice I received I decided to penny pitch, go on a diet (saves on food) and basically buckle down on my spending so that I would be able to purchase all cash at the end of 2012 or beginning of 2013.

Be sure to spend time reading the forums and blogs -- there's a ton of great content to help you with your budding real estate investing career.

http://www.wsoctv.com/news/news/local/home-buyers-spending-more-home-prices-rising/nSSbM/This is a property I rehabbed and sold here in Charlotte with purchase to close in about 6 months and a week.

For one, the sellers are under contract and you do not want to see what will happen if the realtor figures out you stole their higher spending buyer.Second, why would an investor that has access to the MLS pay you more for the property when he/she could just buy it straight from the listing agent?

I never had issue like this with other homes so I am so disappointed by this incident.When home owners has one tiny violation they can spend hours to send letter and rush homeowners yet when it is their turn, this is what they do.

Either have an office you can justify (which also means you spend enough time doing work from there).

You retain control of the escrow amount or have a third party hold it with the express agreement that as you spend money you will be reimbursed till fund is drained and will not be permanently funded.

I'm estimating to spend about 6 grand on repairs.

Like @Scott Costello said, it's cleaner and I would rather spend $300 extra to avoid problems with the seller.

But anyway...Regarding being lazy, if preferring to spend time with my family and raising my kids instead of spending time working makes me lazy, then yes, I'm the laziest guy on the planet.Sure, I could do things like spend 26 hours in a car to look at two properties...but I'm lazy and would probably just spend $100 to have someone do it for me while I spent 26 hours having fun instead.