I personally don't use the app and just open BP using my web browser on my phone or Tablet...from what I've seen BP's website is very mobile responsive...Besides having an icon on your home screen & receiving notifications what benefit does the BP app have that can't be accessed from the web version?

I don’t think there is any negotiation, likely some class action suits....either way, whatever is recovered/clawed back, minus receiver/attorney costs, will get divided up among all investors.  

I do think that you may be able to receive an overall higher return in another market, I feel there is substantial value in knowing the area, being able to swing by the property if needed (managing the property managers is more work than one might think and necessitate an occasional visit on your own even with a manager), and investing with little turnover/vacancy. $160k for 6 units at $500 a unit would be an excellent property but only if there is little turnover and it is in a decent area.

@Mike Dorneman going over the P&L statements I received this morning, the seller currently pays for heating.

I received the Article from RECON Newsletter from Texas A&M Real Estate Center. 

Did you receive a business card? 

@Michelle LaRue When you receive the certificate, you will automatically be listed as a “certificate holder”.

After I visited the property I asked for and received historical income and expense data from the seller. 

After 3 months of marketing I received a lead from one of my bandit signs. 

Recapture is figured at the lesser of your marginal tax rate or 25%, so if you're in a higher tax bracket you end up repaying significantly less in recapture than the benefit you received.