@Matthew Giblin you're highly unlikely to succeed if you spread yourself over 4 markets.Recommend you do more research and just pick one of the 4 markets.Then do a trial run and see how it goes. 

Why did you pick them in the first place?  

If I may pick your brain a bit more.

What if you pick the wrong project, or the wrong sponsor, or the economy changes, or the business plan doesn't work out. 

Yes lots of moving pieces and honestly, I have NO clue how this gets settled - but what I have  a CLUE on is I have the rolodex of attorneys who I can pick up the phone, call and understand this process and know what questions to ask to understand the risk - such as - what if we petitioned the probate court to use an independent 3rd party (if we buy it)....

I keep getting the run around and saying oh it's just the slow months and things will be picking up soon. 

And for what it's worth folks, I'm not saying pick a side.

Some investors requested redemptions a year or two ago (before we learned of any trouble) which were not fulfilled. ya sounds like bottom feeders coming in to pick up the crumbs.. good luck with it.

I think because I've been learning about it so much and talking to so many people, I'm in a state of analysis paralysis and I just need to pick a good deal and go with it with the team that I form.

So pick a market that is easily and readily accessible to you.