What are the most successful strategies to go from amateur investor to a real professional ? 

Has anyone had any success contacting the asset manager of a bank to buy an REO property? 

High interest rates are causing price corrections in specific markets across the USA that saw massive growth and transaction volume in 2020/2021 due to low interest rates.

Maybe you’ll get lucky and they’ll sell to a new buyer that will jack the rents up to market rates and supply new agreements.

A broker said, "You will pay pro-rated taxes title recording fees and a $395 broker compliance fee" Is this true?

That being said, they appraise it a bit differently by using "Capitalization Rates" or "CAP Rates" to determine value instead us using comparable properties to establish value.

Cheaper rates usually translate to more stringent requirements for safety standards.

This can be achieved through a process called "note selling" or "note assignment" to a note buyer (investor).The terms of the note (interest rate, monthly payments, duration) are crucial as they determine the value of the note to the buyer. 

A local credit union or bank like Pima Federal Credit Union will probably give you the best rates.

And it'll be remedied by a more rate cuts or a larger rate cut about 8-16 weeks after that.