But now I have re-read your post, and I think you MEANT to write:- "They charge a very large amount and do NOT give the POF until they receive the purchase agreement.

Loss of Rents coverage is meant to provide the insured (owner of the policy) with continuing rental income while the home is being repaired due to damage from a covered peril.

I meant to type "single-member" instead of "sole-proprietor."

In other words, I know hard money is a tool that can work for a REI investor and I am sure it's not meant for every deal or every investor out there.I would like to get a feedback on:1) what kind of deals makes it a good deal to use hard money for? 

We realized that this meant if we removed the clause we would get the property.

This also meant I was getting calls from tenants, handling book keeping and managing maintenance requests to local handymen (or more often my Pops) myself.  

I didn't mean you (Minh) directly, I meant "you" in broad, general terms, meaning the average investor.  

I meant, when you stop learning, you stop living.  

I think Rick Harmon really meant to say that there might not have been any appreciation in the past two years, and therefore no capital gain to be taxed.  

I meant to say "real estate attorney".