@Sean Abrahamsen I haven't insisted on exclusive buyer broker agreements or charged retainers yet, but I've seriously considered them.To this point, I've taken the @Kenneth Donaghy route and depended on providing expert advice and treating every client like they were my own Mom or Dad - but boy oh boy, have I been burned by it.I have put in an awful lot of work with both retail buyers and investors, only to have them turn to dust for one reason or another. 

I think young people are more likely to take risks, either because they’re naive or they figure they have time to bounce back if things crash and burn.

These inspections also help us to confirm there are no unwanted pets or occupants living in the property.

Throwing furniture off the third floor balcony,  vomiting all over and not cleaning it up at all,  vomiting in public areas,  breaking stuff, stealing stuff, and the straw that broke this camels back,  BURNING their initials into my 1 month old carpeting.  

This one was a burn house and needed a major rehab.

Purchase price: $67,000 Cash invested: $95,000 Sale price: $229,000 This was a burn house that needed a major rehab.

Usually if they have the money, they might not want to give it up so if you let them slide they may try to burn you. you have 1 of 2 options, put a 3 day notice on her door, or make it easy for her to pay you.

If the place burns down, you go after all the tenants, not just the one that was smoking in bed.The single mom isn't allowed to leave and be removed from the lease.

I've been burned a little for different reasons on every single one.

If the riches that are suggested by the gurus were even remotely accurate, the ibuyers that now exist would not be operating at a loss and burning through investment capital.