However I do get the people that don't want to get them since there are costs associated with it (and if you aren't doing "agent stuff" as a regular part of your business they might be hard to justify, especially if you are starting out and money is tight), I can also see the side of those that think it is a detriment since it isn't uncommon for a seller to be winning to work with an investor after having a bad experience with on of those numerous crappy agents in the past, as in they specifically do not want to work have a Realtor sell their house.I think that last one, along with the stuff about taking on extra liability risk, is very overblown but it isn't just ridiculous blathering either.The way to go is to have an understanding of many different strategies to be an actual problem solver and to also have the resources to perform on a contract if you get into one.  

and if so did you include weasel clauses that would give you the ability to extent your escrow/contract one time with a small extension fee of $50-1000 paid at the time of the extension into escrow account without going back for seller approval, remember to safeguard your earnest money investment with good verbiage in your purchase, wholesale contracts, they are truly money savers again........hope that helps you it helped me on numerous occasion in the past..........

For those that aren't familiar with this issue, here's a brief explanation: When accounts report as "revolving" on a credit report, your credit scores can get dinged pretty hard if your amount owed is pretty close to the limit.

Adrian - I think Chris provided a well thought out explanation.

I am still in the "educate myself" phase and that explanation really helped a lot !

There are also, of course, numerous other ways to find properties that are not being actively advertised on the MLS, of which there are tons of posts on BP that might be of use.Best of luck!

But I think my point was the explanation on the terms being "pricey."

I have called the police upon numerous occasions and they can do nothing because no one monitors growth limits and police have to have a warrant to come on to property.  

Thank Michael for the explanation.

That explanation was great.