I have a in depth background in construction and tend to understand what quantifies as a major issue more then most. 

New to real estate but possess a deep understanding of the responsibilities to continue to gain knowledge and remain loyal with my clients and professionally with my colleagues.  

Do you understand the tenants rights in NJ? 

Start by researching the market to choose the right city and property type while understanding the local economy.

Of course the worst case is actually getting lawyers involved and I wouldn't go that route I just wanted to make the basic contract law argument about the PoA's limitation. 

Nor do I understand how it cost you hundreds of thousands in funding to not have payments recorded.

Also, understand the role of the capital raiser.

But, understand they will all have slightly different pricing as well, and when you "layer risk" rates/terms go up. 

Alternatively, some purchasers want to control the process in return for more certainty.For a non-delegated correspondent loan, the loan purchaser will get involved and direct all processing decisions.

In Mexico, that won't happen; you'll be shot if you get involved in the drug business, which most people won't do.