I believe as an investor if you start burning brokers/agents it will come back to bite you in the end.Whether you deem a commission to be excessive in your mind for the work performed should be irrelevant.If the numbers work you should work fast to close the deal and be happy about it.

The "buyer" "takes it unless they change their mind" while the seller is burning valuable time.

It was a lot of fun but it did burn up a blade on my tile saw that was over 20 bucks.

There's no guarantee that Detroit's population won't bottom out around 600K and your properties won't be located in soon-to-be-abandoned neighborhoods, trashed, scrapped, gutted and burned.

Just don't want to get caught without enough for the rehab and if I go the hard money route don't want to get burned since I have not used hard money before.

If you have a lot of time to burn then you can save pennies on some things... but the time spent shopping pretty quickly zeroes out the cost savings.

David You need to consult a local family owned plumbing contractor,maybe a father and son team.Get a video inspection done and have them burn you a CD.You will then know the condition of your sewer line from the house to the street.Then have them install a "2 way access clean out fitting"in the front yard of the property,,they will install a 4" cap to grade so you can access the main sewer line..When this is done you can cable the drain line forwards or backwards should you have a clog in the future,If your drain line is in good condition without heavy root intrusion,a technician can clear that line in 10 minutes time.Stay away from handymen with plumbing issues.They are learning to be plumbers on your dime,,,,Best RegardsDD in Los Angeles

It will be during a large parabolic spike and many people will get burned because they bought during the manic phase of the bubble.

the investor burns the property down on accident?

Let's assume he burns you're house to the ground.