I agree too, just use a HML or find yourself a money partner who is local as Jay mentioned.That company certainly has done a marketing job on newbies, that fee is to wash out bad deals and not burn up their time.

So, how do potential buyers come to understand builders who have more flexibility to negotiate prices downward without burning a lot of time?

To which my response was, "so 5 min to complete, 1 hour and 55 min to make sure the new battery doesn't explode in the remote and burn down the entire neighborhood?"

Just make sure you do your due-dilligence so you don't get burned.

However I am concerned about getting too burned...I have now had numerous dealing with the sis and I realize she is consumate liar and can't be trusted.thanks all for your quick feedback.would you sell to her and be rid of it - or try to fight those leases and win a sweet 3 family?

@Mary Burns, There is no hard staute prohibiting the purchase of a property from a related party. 

We can try to tell them, explain to them, and even make several posts about it, but they will keep shopping and end up getting burned in the end. 

So cash burn while your doing that. 

Wood burning hot tub would require guest to build a fire and wait hours for it to get hot enough.

(looking for other perspectives)For those who haven't - What's your one burning questions regarding doing your first JV?