The lack of professionalism is monumental, in my opinion.

Always, always, always get a title search, and for any new investors who may lack extensive transaction experience, always get title insurance!

After contemnplating on this discussion, and due to the fact that I have recently offered several wholesale deals to BP Nation, I wanted to generate some discussion about this.Here is my argument(for lack of a better term): I have noted that I am switching gears and trying to free up more of my time for a new venture I am involved in (non RE related), as such, I can not continue to take on all the deals I get, hence, they are being wholesaled.

I have had an experience with Innovative Investors that I would like to share but first off I want to tell you that I have tried many programs and most of them take your money and run for the hills.I've done a few deals myself and know what it takes to make the profits one desires from real estate but I also knew I was lacking in a few areas and in no way an expert investor.I heard about this group from a friend and went in there very skeptical and not ready to part with a penny.

I have about 20 rentals and (knock on wood) do not have a bad apple in the bunch.

There is a reason propery owners are willing to pay 7% for just management, plus leasing fees, and for maintenance....because it's to much of a headache to deal with.Most tenants are great and easy, but like many things it's that one bad apple that can push you over the edge.

So comparing states list in 2012 to cities list in 2010 is not exactly apples to apples thing...

I have been soaking in all the wealth of information available here on BP.I am looking at some potential rehab deals but my fear is my lack of Construction experience.

Hmmm, Mitch, your disclosure is totally meaningless, ALL sales contracts are subject to the seller providing good title, it's in the TREC.It is assumed and implied that the seller has merchantable title to property to sell it, my son may have an "equitable" interest to my property, it doesn't give him the right to adverties it for sale as he lacks the power of sale!

I don't think anyone can deny there was also Hard Work and Luck involved in their successes.However, I've met any number of people in those same fields who never really made it because they simply lacked one of the other two required prerequisites.