Btw, for future reference, it probably wasn't your intent, but when you take my argument and just apply it to Obama (thinking it hurts me for some reason), you're not at all refuting my argument.

Agents with good intentions and poor skills submit terrible offers that have no hope of getting closed.

I'm not a big fan of junkers either but if a deal presents itself and you can make a good profit on it, then don't be afraid to at least take a look and crunch the numbers.My intentions were to not do any work but I ended up in a park and they had some vacant homes with a lot of potential.

We put our home on the market in June with the intent of moving to acreage.

And if the property cash flows like it should, maybe the rental profits are used to pay that down.Ultimately, the intent is to keep as much money in your pocket as you can so you can use that money should something unforeseen arise.

“The Loan Estimate is a new form that goes into effect on October 3, 2015.When important information changes, your lender is required to give you a revised Loan Estimate showing how this new information affects your loan terms and closing costs.It is illegal for a lender to intentionally underestimate charges for services on the Loan Estimate, and then surprise you with higher charges on a revised Loan Estimate or Closing Disclosure.

We got a conventional 30 year fixed, $522,750 loan - paying around $3610 total (includes $14k annual NY property taxes)  My intention was to lower my monthlies & now realized i could have used that money for a deal!! 

But I was learning, asking questions, still making mistakes but not as many and rarely would I make the same mistake twice.After a period of time and learning I started managing for myself again... but I never moved into the property, I discovered that for me living next door to my tenants wasn't something I still dreamed about... this is probably because I created such a bad experience in the beginning with my lack of knowledge that it tainted my view of "House Hacking" as the BiggerPockets community calls it... even though it was my original intent and on paper always seemed like it made a lot of financial sense, and still does. 

I find when people feel you are sympathetic they are more likely to make their real intentions clear.

This was an 8 or 12 unit complex and tenants all sued landlord for losing their possessions due to the fire.  3) several cases where the landlord or seller was sued for property code violations under the deceptive trade practices act and the carrier denied coverage as the allegation was of an "intentional act".4) Insurance won't cover breach of contract claims typically, say you get into a dispute with a contractor the insurance isn't going to cover it but are you going to see it through to trial when your personal assets are at risk in the event you're wrong. 5)Not real estate related but I had another case where I represented one of two partners who were sued for a business deal gone bad.