Once you get an idea of what type of RE investment suits your needs (ie. financial standing, time constraints, risk tolerance, etc.) then the amount of information you need to sift through and absorb will be greatly diminished.

That is bad business practice IMO, but everyone has different risk tolerances.

I was so turned off by the low quality of the first 4 hours that I just couldn't tolerate staying any longer, I packed up my crap and walked out.

With the Out of state crowd from BP you have (in general) a very low tolerance for risk.  

Again, it depends on your risk tolerance but I would rather know than not know about all the problems of the property.

If the purchase cash flows, AND you can tolerate a PM and their terms,conditions and cost, then go for it.

Thanks for the advice Jeff The reason I say there is a certain price point were it makes sense for hard money lender is just because I noticed from the stats of our previous projects that the percentage profit margin isn't linear, with the highest margins in the lowest end projects (rough neighborhoods, but being out of our risk tolerance we wholesaled it off) and the highest ends projects (risk of it sitting on the market for a long time).

It depends on your skill set, approach, and risk tolerance.

It was checked to the calculator issued to examiners and it is within tolerance, 1/1oth of one percent. :)

yeah. it depends on its location and your risk tolerance. 8% COC for a new construction in a nice area is pretty good. do you use leverage ?