Because I am focusing on very inexpensive land is the basic answer.The following is a quote from the first link I provided (Seth Williams of retipster.com):“When you’re pursuing vacant land properties the right way, there will be plenty of opportunities to purchase vacant lots for a VERY low price (we’re talking – less than a thousand dollars) and frankly, when you’re literally required to enlist the services of an attorney (at well over $1,000 a pop) to close these deals, the cost can far outweigh the benefit, especially when the mechanics of closing the transaction just aren’t that complicated.”So quite simply, anything I can do to eliminate cost is what I am trying to accomplish.

The deposit is in a escrow with the Title agency - would it be fair to assume that I will have to sign a release for the seller to actually get that money or will it be auto released to the seller.

I currently live in SE PA, more specifically in Horsham which is about an hour north of Philly.I currently am a mechanical engineer at a small company.

The protections provided by an LLC include:Protection of other assets via the mechanism of the 'corporate veil' - ie: should someone sue you and win, they would only have access to assets held within the LLC (which should only be one property).

I've read some books on how to hire contractors and some of them taught me that besides checking contractors are licensed, bonded, and insured, I need to have a contract that has written terms allowing the owner/agent to supervise the job, cancel the contract within 3 days, a start date, completion date, model number of appliances, late completion penalties, statements holding contractor responsible for obtaining all necessary permits and inspection approvals, cleanup procedures, payment schedule, waiver of mechanic lien...etc.

This is not the same with auto or credit card inquiries!

Mechanic text messages tenant the following day “how are you feeling?

Timeline normally ranges from 12-24 hrs, to 7-10 days to prepare unit for rent once prior tenant moves outCan tenants pay with auto withdrawal, or automatic payments?

Good news is you'll receive training that will get you all setup to understand the mechanics of a transaction through the real estate licensing course and the your hiring broker.

Take a look at other homes in the area as well as they will tell you what the norm is for that area.As for us, we tend to do the "just right" or slightly better and make sure all the mechanicals are in tip top shape.