At this point I have read the How to Invest in Real Estate - Ultimate Beginner's Guide to Getting Started and I am currently reading Buy, Rehab, Rent, Refinance, Repeat as well as learning what I can from the BiggerPockets website.   

Ultimately, I'd like to go into MFR, LTR, but I think maybe I should walk before I run, so I'm evaluating the markets for both MF and SF properties.

My ultimate goal is to transition into real estate investing, focusing on rental properties and possibly house hacking as my next step after wholesaling.Given my current position, I’d love to hear your thoughts and advice on where I should start.

Unfortunately, human nature is such that if I do spend hours, days, months vetting a sponsor, and ultimately sign off on them, I will already be biased to accepting the next deal they offer, regardless of whether it is good or not.  

I ultimately think the more passive investor will skew toward fractional as it becomes more mainstream.

Obviously a generality but the only ones I have ever had were inherited and ultimately ended up have to evict ever one.

Start with BiggerPockets Ultimate Beginners Guide (free).

Ultimately, you'll have to consider your risk tolerance, financial capacity to continue funding the project, and emotional investment in resolving the situation.

My ultimate goal is developing and commercial. 

I'm furious at this point, not only for the financial loss but also for hours upon hours of wasted time and running in circles.So here is the entire point of my post and ultimately my question; In clear language on our executed contract, I have included "X LLC reserves the right to file an affidavit of memorandum on the property."