Basically, the more $ in your required rehab &/or the longer the rehab timeline, the bigger your risk, because there are many more opportunities for things to go wrong.  

And, of course, they want full indemnification for basically all but burning the place down themselves.I don't know if I want to start the relationship off with what I perceive to be an attempt to rip me off, even if I can negotiate it back down to reality.But before I do anything, am I wrong that this is outrageous?  

They are told -- wrongly in my view -- that they should not bother with LLCs because an LLC will not protect them from liability to a lender or because insurance does the same thing.

Because when things go wrong, you will have less to fight about.

RESULTS UPDATE11 responses2 no deals1 rejected offer1 appointment Thursday at 3pm1 nosey caller3 "have to talk to my husband"s2 no answers when I try to call them back (left message, will follow up again tomorrow)1 I had to call back after speaking with her briefly while I was driving, but it was a Hispanic woman who answered the call back and told me wrong #.

If your turnover time was more than 1 month you have something seriously wrong with your systems.

Am I wrong?

Just remember you have to walk before you run, nothing wrong with starting with 1 property.

When people talk about mistakes they have made on properties and the past and lost money, what went wrong, and what they would do if they could do it all over again.

i have about 8k in reserves incase something goes wrong.