Myself and family truly loved the property and house; just want others opinions on if this may be a mistake to proceed, or does this appear common practice for the age and location (upstate New York). 

Just wondering what common practice is for most other investors who invest out of their home state. 

@Brian Barch I completely agree, for someone who's scaling or who has a demanding primary job, it's not practical to be spending your time sending a bunch of Zelles or Venmos.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

@Amir KhanThat’s a good way to do it.I see far too many people (in my opinion) with little or no actual practical experience being a landlord much less owning an apartment building of any size trying to syndicate a 150 unit $20M deal.Why would any investors (outside close friends and family) invest their hard earned cash with someone who has little or no experience?

I have a few questions about how the Memphis Land Bank operates in practice. 

What are the best practices for listing a property to virtue signal that there will be a buyers agent commission paid by the seller based on buyer agent behavior such as ensuruing that the offer contains an appraisal gap coverage, waives inspection and other elements that are desirable by sellers?

However, the listing agreement for any property type would dictate if this practice is allowed or not.

I would recommend practicing with families first.

And under that definition, because there was no minimum time in the CZO for how long someone needed to occupy a structure to be considered "living" there, the court used literal dictionary definitions (standard practice in NH as can be seen in the similar case Working Stiff Partners v City of Portsmouth) to determine what constituted "living as a household" as it concerns STRs.The court explicity rejected the idea that this ruling should have larger implications for STRs around the state, and it certainly did not at all in any way prevent municipalities from regulating STRs.