When I get to the point where I want to do real estate full time and leave my FT job, do any of you have contacts for real estate groups who buy health/life/dental insurance as a group and, thus, get their small business/personal insurances more cheaply than if they bought as individuals?

It is a tiny price to pay to protect the community and insure the integrity of the mission.

I normally will always give title insurance on a property when I sell it.3.

.$130,000 Purchase price $2,600 Purchase closing costs $25,000 repairs $12,600 interest (computed on above items, 16%, 6 mo, $157,600) $11,900 points (computed on above items, 7 points on $170,000) $3,000 holding costs (insurance, taxes, utilities) $17,600 sales closing costs (6% for agents, 2% for other costs)$202,700 total costs$220,000 sales price $17,300 potential profitThat's sort of a worst case for the hard money costs.

In addition to taxes and insurance, maintenance, vacancies, make-ready between tenants (you yourself said its low rent, so the tenants are going to be very transient), legal fees, advertising, and other expenses, you're going to have a significant HOA fee.

You can get title insurance but they will exclude pre-existing liens that are on record (the loan).The documentation process is pretty clear and simple.

MY BAD...I've also found that sometimes, there's some kind of red tape such as; problems with the foreclosure proceedings, title issues, mortgage insurance issues, servicer issues and so on.

Based on my cash flow calculator, the current rent should cover expenses plus a little (taxes, insurance, maintenance reserve, etc.)

As you can see you will not make enough in rents to even pay your mort. insurance and taxes and as you know putting down a huge down payment still isn't making this a deal.

That is probably a backward strategy not traditionally known in the business, but maybe it is.As for liability, I wonder if a good insurance policy exists for homeowners who rent.