I regret the mistakes I made on this previous project, but I'm not ashamed of those mistakes, and I'm not going to hide them or pretend I was anything other than ignorant and probably just plain stupid at the time.

Almost started thinking that I made a mistake after reading all those comments or thinking about positive cash flow on 30 yr vs 15 yr.

I'm sharing this with the community because I wish I had started this sooner, and I hope that other landlords don't make the same mistake I did.

I really want to jump in on this deal if for nothing else to get a flip under my belt but don't want to make a stupid mistake. 

So I called the agency and said I thought it might be a mistake.  

Everyone makes mistakes, and I am looking to see what they do about them.  

I have made a major newbie mistake.

Make all the mistakes that all of us make our first year of buy and hold, learn from them and then move on to the next few deals.  

I made the mistake of assuming that the total offer price is what they went off of so the commission wouldn't matter as much.

You will have expense and make some mistakes no matter how much you learn.