This shows the seller you're serious and keeps you from being on the hook if something horrible is discovered. 

In handling all the heirships, we discovered one of the deceased siblings had a son and the Title company required his signature to close. 

However once I got it going it has been great and I learned so much.The perfect deals of buying a duplex for 40k and then discovering it actually a triplex by putting  a 500$ wall and door in, then the value is 400k cash flowing 3k a month with 41k isn’t real life.

Nothing new really has been discovered about real estate, FI, etc in a long long time.  

Now, facing lease renewals, I discovered two tenants has a history of evictions from my Internet research.

This is always the "tell" - if someone presents themselves as a guru or has discovered a "secret" to quick success in something related to real estate LOGIC = they would keep it to themselves as a closely guarded trade secret and reap the rewards, not spread it far and wide for a quick buck..

I have a friend who discovered a contractor was hooking his hoses up to her water faucets during the day while she was at work so his crews would have water at their jobsite.

We have very much enjoyed listening to BP podcasts where we discovered this gem of a community.Cheers!

After going on a buying spree of over a dozen properties, I realized (the hard way) just how many expensive mistakes I'd made, and discovered I'd saddled myself with a lot of liabilities rather than assets.

But on inspection, we discovered that the basement was never water-proofed and there are some visible signs of water seepage in the unfinished parts of the basement. is this a deal breaker?