If you're trying to build long term wealth and have physical assets in retirement (not just stocks and bonds), keep it and it will be nice to have in your 60's and beyond...  

You'll probably have to post a bond, though, and you're gonna be responsible for any liability and code violations.Depends a lot on the structure if it makes sense to try and do yourself.

They will wake up and fix title issues for you, bond around them, or pay you the value of the policy and take title to the property instead of fixing title.There are a lot of "ifs" and "maybes" between here and a resolution that can radically change this answer.  

Coming to grips with moving from a investment strategy (stocks, bonds, mutual funds, etc) which I am comfortable with to real estate was the biggest hurdle. 

SPeaking of discounts, what ever happened to the zero coupon bond.

If you don't want to spend that level of effort, invest in stocks, bonds, or CDs.

It's always good to see how I can strengthen mine

It's mostly bonds with about 20% stocks to give it a little boost.

Mortgage websites are probably about a week or two behind the pricing in today's mortgage bond market.Make sure you ask your loan officer what mortgage rates are based off of, and it's not the 10 year T-bill.Would you read yesterday's paper to figure out what's happening today?

Oh, well, no, first time home buyer is an FHA program and usually tied into bond money at the state level.