Maryland doesn't regulate PMs (which is a whole other story), however if the PM does have a real estate sales license (i.e., they're a Realtor) then they can be subject to discipline by the Maryland Real Estate Commission, and you can be compensated from the MREC Guarantee Fund.

You might already have some real estate the thread did nto mention but if not focus on that first. 

When buying your 1st home/real estate investment is a real estate agent needed on your side?

I've only had to do 1 and it was several thousand.....I would take a real hard look at your numbers and re-adjust your offer accordingly.

Hope you change course and the rest a smooth sailing for you. 

My partners and I run a bimonthly real estate event here in Tampa, you are more than welcome to attend.  

Since the beginning of the year I have been diving into real estate trying to learn as much as I could, whether that was listening to podcasts, joining webinars, or doing my own daily research. 

My real estate agent brought it to me as an off market deal.

Key takeaways include:Thorough Due Diligence: Ensuring all aspects of the sponsor's background, financial health, and track record are meticulously examined.Consistent Criteria: Applying consistent criteria across different sponsors to facilitate objective comparisons and evaluations.Continuous Monitoring: Regularly monitoring the sponsor's performance and financial stability throughout the project lifecycle.ConclusionSponsor underwriting is an essential component of successful real estate and investment management.

Commercial real estate solutions for developers, home builders.