Mine does not have extra fees but my commission is a little lower then the broker next door. 

Since they've lowered interest rates to zero, rates have fluctuated a full 2% while the Fed fund rate hasn't moved.I imagine that jumbo rates will be more sensitive.

I don't deal in Orange County, so I don't know the level of detail you can find online as to the progress of the foreclosure, if there is one.

"I'd rather spend $500 extra per month than save up $5k one-time and have a lowered monthly housing expense for three decades!"

But as an investor, your huge advantage is a combination of lower housing price with growing market rents (due to more people who used to buy currently preferring to wait out the market).

As far as your risk level goes, I'd say you're actually being smart and disciplined (not buying anything unless you're making a profit as soon as its bought) which what i believe you NEED to do in order to not only survive in this business, but to thrive.As for my farm area, No, i havent decided that or figured that out yet.

My 6-plex had a fire and lost two units and it's a remote location for me (2hrs one way).I've always managed it and performed all executive decisions, so I became the general contractor and hired subs for the specific skills for the restoration.Even if I were using a PM, this level of decisions I would never delegate.  

All levels of experience are welcome, any help would be greatly appreciated.

@Mateusz Prawdzik what is your level of knowledge?

Although my company is not based in NY, we are both buyers and private lenders on lower $ ARV SFR properties throughout the U.S.Wishing you great success.