They are scheduled for an hour but most of the time they go about a half hour over time, which is great, cause that means more info is flowing.

It is the bad operators that cause problems.

it's really difficult to tell you every single thing that i look at. i have lots of experience so i can just make offers based on the listing pictures. even if it's just a single picture of the front of the house. that's cause i buy similar houses and know about how much it would cost. but i have a lot of experience, so nothing phases us.in addition, when you have a checklist, the agent will know you are not experienced and will question your ability to close. big things are - kitchen, bath, electrical, roof, concrete.the rest is child's play.good luck.

I think some of your descriptions of your different mortgages and using the term HELOC may have caused some confusion in this post, so I will just speak to the HELOC side of things (because Scott covered HML quite well).You are correct in that a HELOC is like a giant credit card attached to a residence.  

The income loss & stress someone like this can cause is not worth it.  

Huge amounts of money from federal disaster relief, insurance proceeds, and money out of people's pockets will cause economic activity that will drive positive macro economic impacts. 

You don't want a scenario where you have partnership capital account that is uneven and could cause liquidity or even just partner disagreements.

I also deal with those same fools in real life when I have to fix the issues they caused because they wasted a sellers time with thinking their house was sold then 20 or 30 days later the wholesaler backs out and the seller is screwed.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

Do it now while you are young cause it’s sorta lame way of living.