My example was to compare and contrast, in general, that you will not find similar terms to what you find for US properties. 

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

It has generally taken me about 60 days to get through underwriting on my loans.

on market deals in general will not be distressed enough.2. a good BRRRR isn't going to cash flow.so - are you looking at off market deals? 

This is actually one of the main reasons many agents and investors may not like them generally speaking (they are often not serious professionals with a proven track record of success, the vast majority are struggling to find their first deal and are time-wasters to interact with).   

I imagine there may be steps to take with the city upfront to determine if in fact the ground on the lot can be built on, but some general guidance or tips on best place to start and what to expect throughout the new construction process in Buffalo.

@Anthony DupreCalifornia is generally more cumbersome than other states when it comes to taxes and filings.

I think the truth that your post brings is in the level of sophistication and market insights of the investors and investment sponsors that are prevalent on these forums, the amount of money we are talking about, and the general idea that real estate, even when directly owned, is passive in nature.

Generally speaking condo are cheaper to get into, but you have higher costs due to condo fees and if the condo board does a bad job running the place, you will have even more costs. 

Credit score- the higher the best. 760-780+ generally gets best pricing for investment property loans with most lenders.