In real estate terms this may be buying your first investment property without a home inspection or title insurance. There may be no issue at all, but a serious problem in that first deal can end your career as a real estate investor. Motivational speaker Les Brown tells of his first home purchase and how he did it without title insurance; great speaker; great story. I am slowly building the blocks for this activity by connecting with other investors and all persons related to real estate. I really want to have a high confidence level of success when I do pull the trigger on my next investment.