You don't have a lot of equity in it after you factor in closing costs and realtor's fees. 

She pays modest pet fee per month.

They each have different fees, applications, and processes for admitting new brokers- Consider co-working spaces for office location (regus, wework, spaces, greendesk, etc).

My question is, with everyone taking a loss, the title company has reduced their fees, the RE has reduced their commission, and the seller will walk away with no money, how do I prevent getting to the closing table and someone (Either the bank or the other lien holder) deciding they do not want to remove the lien or take a loss.

In many cases $200-300 per month per unit. 

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator.So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Im thinking of renting out my primary which will cashflow $650 (no management fee, self manage) because of low interest rate i got it for 2% which still has 2 years before rates renew. 

My understanding is that you need to be involved in real estate more than 50% of your time and at least 750 hrs per year.

It sounds like the timeshare families have a sunset of their "ownership" at 5 years, so they pay $7k per year for 12 weekends, or $35k for 60 weekends (5 years) and then they have nothing.

Inheriting a $1M property and renting it for $4k per month does not make you a investor.