Each individual needs to assess their own ability to handle costs over that time frame when cash flow may dry up.

Also there are a lot of investors entering this market which makes it more competitive. 

Successful individuals must learn to accept uncertainty, maintain a flexible mindset, and continue to invest.

I work out of my basement and have been trying to find a location near me that rents out individual offices. 

What's more, these contracts were never recorded before or during the foreclosure process, and the homeowner was actually in default on the first mortgage when they entered into these agreements.

That's why you enter. 

Being able to enter a property with only 5% down means you can leverage your money way more effectively as well.

But there is a way that you can still do a 1031 and sell them individually.

We filed for an ITIN (Individual Taxpayer Identification Number), what I believe is similar to the Netherlands BSN and Espana's NIE.

There is a set time for the agreement, so if you can't give 30--45 days for the agent to find you the right deal, or don't trust they can/will, then move on to the next agent.By entering into an agreement with the agent they become your fiduciary, and as such will represent your best interests.