:) It's amazing to me the opportunity that the Real Estate provides the average person to have financial security and not be tied to a traditional 'day job'.  

Supposedly this is supposed to cover any type of repair on the items listed within the policy.

The format you must have is a "S" corp for short term flips, wholesale sales, or other short term sale of an item.

@Nick DoriaThe most often overlooked item (in my opinion) is the condition of the building(s).

Then I ask them if that seems reasonable and what other items I missed.

You also have to worry about the tenants personal items being swiped, or, a tenant at least suspecting that a missing item was stolen by the handyman or plumber, even if it wasn't.It can be a real pain.

Typically the title search goes back 60 years, here by tradition, so often times events from more than 60 years ago are not even reviewed before issuance of the title policy.Recently I had a case where there was a discrepancy arising from a 1939 Sheriff Sale. 

I would stack your money up at least $10K-$20K and get a traditional loan with the bank.

They know that the traditional selling process (RE Agent) will not help them. 

In parallel I've been learning about the general REI strategies out there.I have two rentals that i bought a few years ago but knowing what I know now, i prob wouldn't have bought them due to using traditional buying methods.