There have been numerous people on BP talking about how they paid application fees but they could never get their loans closed on any deal brought to the company.

I have also represented folks on both sides of the deal numerous times. 

I probably don't agree 100% with all of the details in there, but it's a simple read and a great explanation of the process. 

@Aaron K. was spot on with his explanation.

I’ve come across numerous times being tied up in avg deals cost me a great deal

I have tried numerous services, all woefully deficient. 

If you do choose to work with a warranty, have the warranty company send a clear explanation of benefits.

If you spread too far then it gets counter productive because you have numerous PM's and too little local knowledge.Then I moved into my nicest and least profitable OS property and now manage them myself; they are all within an easy hour drive with virtually no traffic.You have a very long list of states and cities there you might try to narrow it down.

If you're looking for further details and explanation, feel free to personal message me. 

Hi,I've started a blog called "bad landlord" in which I aim to share my lessons learned from my numerous mistakes as a real estate investor.