Most sponsors who have actually survived multiple real-estate cycles, say that simple staying power through inevitable downturns is the most important key to long-term success.

Simple enough, right?

If there are any known issues(even as simple as a bad $7 shutoff valve) you will not be permitted to turn on utilities. 

A good starting point would be a 10% 2nd home loan or an owner occupied 5% loan where you can convert a basement or studio into a simple 1 bedroom unit and basically let your guests pay your mortgage. 

Therefore, I try to find a more user friendly web site that can distill the above into something that is readable.  

There are training sessions you can sign up for on the site, these are live with no recording of the sessions. 

I got a quote for 8K sft retail from a construction company for around $120/sft, this includes site prep, utilities, metal building erection, exterior finishes, interior insulation etc (basically build the shell from scratch).

Also the distressed seller is selling for 110k and the prop is valued between 170-200k on multiple sites.

Most of the time the categorization is simple enough and I can do myself. 

Closing fees won't be any different if they are 4 seperate fee simple properties.