Scott I believe is a great start as well for it helped me understand the key components and basics of house flipping.

I've seen some junky props that passed S8 in NJ, NY, CT and MA and for sure they weren't fully deleaded.It doesn't need to be brought down to bare wood, there are different techniques for different components.

Transparency and having a seamless and established system of contracting and closing are key to making the agent feel comfortable working with you.

For example, you set up key word alerts. http://www.biggerpockets.com/alerts

There has been a relatively recent freon change and the old "R22" freon is extremely expensive (more than 10 times what it used to cost) and most newer units are designed for the new freon and the inside and outside components typically can't be old/new mix.

Recently, I have made several offers and I have had sellers electing to walk away from the deal, if I would not agree to use "their" title company.Obviously,  I am missing something here; but, what is clear to me, 'one who controls the keys, controls the castle'.

However education is key, and you need to study and educate yourself to know junk from gold.Josh

For example, you set up key word alerts. http://www.biggerpockets.com/alerts

It's like getting the keys to the kingdom.

Due diligence is key, and understanding what something costs and how long it takes is key.