Otherwise they would lose the PM fees and the commissions on future purchases and sales.

My question is, where is the best place to save/invest my money in for the next 3 years that have a low to no risk on losing money and will allow me to gain interest.

As a general contractor myself I would say screw that contractor and he can lose out on the money because hes the one that went over and couldn't control his own budget.

If I were going to have someone else manage them B or C class (think blue collar, and maybe lower blue collar) would be fine.What I would suggest is make sure you get good enough deals where, if you decide in a year or two that this just isn't for you, you can sell the properties and not lose any money after all closing costs.As for books, honestly I find BP and simply networking with local investors more helpful. 

Welcome @Derwin Smith-Bishop I think entering the game in MF is a great direction...there is a ton of content here and an opinion about everything, so don't lose sight of your focus.

You lose money by overpaying for a crappy property, but you also lose money by overpaying for an awesome property.Cheers...

NREIG (ReiGuard) let's you convert a builder risk policy to tenant occupied I found out later and so you don't lose out on unused time.  

You will end up doing more damage than good and could lose a load of money. 

He’s willing to lose the earnest money and probably even the cost of repairs.

If market drops in the 12 months he loses money but you're still getting a deal.