And what advice would you give to someone like me?  

Just because you hire someone to do a job (sadly) doesn't mean that they are doing it or doing it properly.  

To be honest, I'm not exactly sure how much money I would lose, purchasing a home is a very emotional thing for my, my wife and I find it really hard to get honest answers or comparisons from family or colleagues about how much money it would set us back, so I am only assuming the worst and hoping someone here can advise.

Can someone explain?

If someone is selling you a list, they are selling it to more than just you.

Would love an opportunity to pick the brain of someone who is seasoned in the game.

Make sure you work with someone who’s also an investor—they’ll treat your place like their own.

Narrow your focus, stop buying properties, and figure out what you actually know really well rather than letting FOMO, spreadsheet calculations on faulty pro formas, and advice of strangers on the internet influence your investment decisions. 

Hi Dave in Northern, NJ-I am sorry to hear you have a single family rental facing foreclosure.You have it in an LLC and wonder what your options may be to delay foreclosure.Lenders do not want to take properties back and have a nonperforming loan.The best time to work with your lender is as soon as possible but certainly before the sheriff's sale.After the sheriff's sale, there is a redemption period where you can still sell it and the length of time varies from state to state and may depend on if it is vacant (avoid that for a variety of reasons), if tenants have a lease and have rights, or if someone is occupying the property.Working with the lender may not be easy but do not give up.Also, reach out to investors, who buy properties in foreclosure or pre-foreclosure, and see if they would be interested in curing the default and buying the property.To Your Success!

This requires some effort and not just relying on a reference from someone or a quick glance at their fees.