In addition, I am hoping to understand the most severe risks that come with investing in distressed properties, and how best to mitigate these risks. 

i actually only invested an additional $23,000 i answered the question wrong

We used ALE relocation services and they were great, you can register on their site when you have a vacancy and they will let you know if they need you but it is somewhat based on luck if they need you.  

In addition to brokers, I would also suggest speaking to 1-2 regional banks/credit unions.

He abandoned it during his demon years so his best friend took it over and added a couple more people before it desolved due to all going off to college.In college he had a side hustle of finding things on free sites, putting them up for sale, selling the free item and offering to transport it for a modest fee.  

Hello guys I’m new here, just found about this site.

The standard rate is 3% of a loan, a good broker will never exceed their origination costs of more than 3%.Additionally, a competent broker goes beyond merely securing financing.

Note, even though you may have a per-transaction fee or unlimited transactions, it looks like pretty much each transaction will still have some additional associated fees for things such as AHC/wire or expediting docs, but they seem reasonable.When I was setting mine up, I was told that the flat fee isn't charged until your first transaction. 

Additionally-Sleep a few nights in it.

Two days ago it was an investor who created an additional LLC independent of the deed holder entity believing tenants could only sue the LLC where a contractual relationship existed.