This article is definitely an eye opener for all newbies like myself and anybody who intends to speculate with flipping strategies.

That way, you won't be fooled into speculating on a less profitable market like Honolulu and instead can buy a turnkey single family with a Cap rate of 10 a few thousand miles away in the Midwest ... that's the way the real pros do it, Bob. 

So the “Power” comes into play when you bring a little vision mixed with some speculation, and that can equal cash flow and profit, or added value.

And there are good deals and bad deals today.If you have sound buying fundamentals, -- buy at a wholesale price-- never speculate-- create appreciation through value-add improvements-- buy for cash flow-- obtain favorable financing terms-- stick to workforce housing areas-- don't skimp on due diligence-- stress your underwriting-- have multiple exit strategies...If you think you're limited on deals & capital.. you will be.. regardless of what's happening in the marketplace.If you think there are great deals & lots of money out there.. that's what you'll find.. regardless of what's happening in the marketplace.Scarcity mindset tells people to "wait & see" & "play it safe".What does that even mean??

Rather than speculate on whether the matter is covered under your title policy I suggest you immediately submit a claim to the title insurer whose policy was issued to you. 

If you do not have your business set like a business then you will get what you get.Here is a example and I love to give real examples not speculative.

We're asked our investors to consider re-positioning themselves as investors and not speculators.

The one side produces cash flow in a laterally moving market, while the other side is more speculative and produces equity. 

This is not the time to be speculating and making Lowball Offers.Your Realtor is wasting a lot of uncompensated time with you.

Would YOU lend a kid with no job, and no diploma 100k to speculate on a fix and flip?