I think there was a law passed some years back that basically said escrow has to actually perform the service before it can charge for it, things got better but one wonders why they can't just include everything in the base fee.

Then there is the Financial Bridge Investment group (FBI) the Note Securities Academy (NSA) the Home Loan Servicers association, or the (HLS) then there is Dividends on Debt Managed Instruments (DoD MI).Anyway, let me know when these wealth operators get out of school.Sounds like you're starting off, read the forums, begin in RE with the basics, not guru stuff, try a real school and stay away from boot camps, IMO Good luck :)

We discussed using the PM to fund our deals while we each have our agreed upon tasks to complete.

Not completely clear on how hard money lending works, but it would just basically be like a 5 years loan with the building as collateral.

Scott, just noticed you're in Michigan as well, it's a typical bungalow here, the master is smaller sized and the closet will be basically sacrificed for the bathroom, maybe what would be left are shelves and I could provide some of those hanging racks for clothing storage

Basically would like to have everything covered, and because this is my first I'm sure i've overlooked/missed a good amount of things.I would also like some guidance on how to go about offering for this property.

To me, this is basically break even.

After you learn the basics then you can listen to all these folks and listen to the sizzle of the sale, the how to techniques that some use.Otherwise, you'll have things screwed up for years or fall into doing some flim-flam type deal.Read the forums, then the blogs, IMO

Basically just the amount I'm offering with documentation as to how I come up at that amount, as well as a copy of the title research which I already have done.I've spent most of the day reading the files from the previous owners bankruptcy.

From what the podcasts say, this will not be an easy task.