If it's exclusive, they may need to get paid no matter who the procuring cause for the sale.

It will take all of 5 minutes.How can I watch auctions - Find out when one is happening (local newspaper, clerk of court postings, auction.com, etc) and be there at the designated time. 

@Adrian Gonzalez, no, we have done a handful that we did occupy while remodeling (for the capital gains exclusion), a number of fix and flip deals, and the bulk of the deals have been long term holds.  

I also feel most comfortable investing in markets that I know - mainly the East Bay area of the Bay Area and metro Boston.I've heard of the BRRR method being used almost exclusively on houses that are around $90-$120k. 

According to the IRS, if a debt is canceled, forgiven or discharged, you must include the canceled amount in your gross income, and pay taxes on that “income,” unless you qualify for an exclusion or exception.

In the case of Equity deals (which I believe Fundrise does exclusively, but am not 100% on that), the investor receives both depreciation and other tax benefits of owning real estate. 

Doing the work myself, it was under $1,500 for filings and newspaper notices (I think you can use cheaper publications instead of the biggest paper in town).

Agents sign an "Exclusive Representation" so that they are agreeing to work together and bringing specific responsibilities of both parties.

Dentist might have failed but there are a ton of business owners who would love to set up shop right in a neighborhood where they have nearly exclusive access to residents. 

I don’t have the money to pay a lawyer to draw something up right now.I’m especially concerned about protecting this asset as the local newspaper published my name address and purchase amount so now anyone who is looking to slip and fall knows where to go.