In all cases where real property has been heretofore, or shall be hereafter, sold on execution or in any mortgage foreclosure proceeding, the purchaser at such sale, or his successor or successors in interest, may during the year or years of redemption, in case of the expiration during such year of any insurance policy on the premises sold, pay the premium necessary to procure a renewal of such policy; and in case of any taxes or assessments being delinquent, or in case any installment of interest or principal upon any prior or superior mortgage shall be due or become due during such period of redemption, the purchaser may pay the same when or after due, and in all such cases, the amount so paid, with interest thereon, shall be and constitute a part of the sum necessary to be paid for the redemption from such sale.Disclaimer: I am not an attorney nor do I play one on TV.

Most contractors I know will not warranty anything they don't procure on their own.

They will assist in developing accurate criteria based off market analysis and procure properties leveraging sources such as the MLS, Wholesaling Partners, Direct Mail, and Referral Business.

In few scenarios like for example, multi tier consulting , it can be challenging for people to procure a proof for their layoff.

AFAIK, I would need to procure a commerical real estate loan but getting this with no experience is unlikely.ThanksMatt

It is your job as a REI (IMHO) to suppress the risks best you can in every deal no matter how it is procured (Friend, REO, MLS and etc.)  

The commission is negotiated on the agreement, and if through their marketing a buyer comes even if the listing goes expired, if it is the procuring agent, meaning the agent responsible for sale is responsible for introducing the buyer to the seller, even on the lease 2 own and not a cash sale, they are still going to get their commission.If you the real estate investor in your trying to get the seller to consider terms instead of cash and avoid the sales commission, the listing agreement is between the seller and the agent.

If you are fine with living in the duplex, move into one side for a year while you plan you next investment.I'm sort of parroting Steve's comments, but I would think long and hard about sharing a property with your tenants.

.-- Bought land--dropped electric, developed spring, put in septic, created road (not yet rocked), procured older doublewide (not yet on property), got zoning clearance for soft set foundation on mobilehome.

In this market, your agent has to be on top of things or you don't get the deal.There is something known as "procuring cause" in the real estate agent world, and it has to do with commissions earned and paid.