Hello BP,New guy from Meriden, CT looking to increase my knowledge and contribute anyway I can.

The biggest advantage I see in getting the license has been the increased exposure to real estate and being closer to deals on a daily basis.

I would say get the drawings, it's an additional layer of protection against cost increases on the construction side.  

You are the first to hear, in Las Vegas, that year over year increases hitting 20%, in Q4.Terry

It would take ten years of savings to make up for the $1,500 increase in deductible.Pay the extra $144 each year and have some peace of mind.

Alec McGinn on top of usually being able to get better cashflow because it’s a better deal and you can increase rents through rehab you can also add value to the house and increase the equity you have in the property.I’d rather never buy turn key as it’s more risky to me.

But the temptation is to be aggressive with debt because it increases the returns to equity investors.  

You want to value to increase from what you paid for it (plus what you put into it for renos).

The idea is to ease her worry of future increases in her current rent situation by letting her pay what she can afford toward this new house and I would cover the rest.

If you have conventional financing on any of your properties, and don't want to buy anything right now, using some funds to make "chunk" payments could increase cash flow pretty significantly!