If you will be purchasing materials those cards offer some discounts and in addition you can get pro discounted pricing on larger orders as well.

I have been through the BK route more than a few times in 40 years of HML ing.. and as Don states it can be just crazy what happens what the debtor will do what the BK trustee will do what the judge will do.. that all said if your position in the note is discounted enough probably still worth it. but in my mind to pay 90% and if there is not SIGNIFICANT upside I personally would not do it unless you have a repositioning play or something that no one else sees. 

3.Are there any banks you’d recommend that make it easy to manage multiple accounts or integrate with property management software?

Known for its "Blue Light Specials," the discount chain was once a retail powerhouse with over 2,000 stores across the U.S.

Does quickbooks or any other software allow me to consolidate everything to one app and automatically input my accounting, with reports?

When you get a deal that doesn't make a good rental, but makes sense for another investor as a flip or short-term rental, then wholesale it.Wholesaling: focus on marketing for off-market deals at huge discounts.

In real estate much more money is made by finding great deals and making great deals.To stick with stocks for a minute, would you be as focused on finding the "hot" location if you could find a way to buy stocks at a 20% discount? 

Say I have a first position performing note, what is a typical discount I should expect to give when selling?

Nope.. developers by and large are not going to cash you out and take the entitlement risk for such a small discount.. maybe 500k discount they would but not 100k.. not going to happen unless you find a developer that is not very bright and has money burning a hole in their pocket.

Most credit reporting offered with property management software will include an ID check of some sort also.