Under no circumstances should you be paying a true private lender any unspecified upfront fees.

That's very true.

3) I heard that being a realtor in an ok area is the same effort as being a realtor is a good high-priced area, is this statement true?

If someone sets the list price at or below the value of the house that is where you get all the at or above list offers from people who recognize the value or people who were always willing to pay above the true value of a property because they like it and want to live in it etc.

I'm wondering the true risk on resale of a RI home in a severe flood warning area (7/10 according to Redfin)?

Unless you have a rockstar team and it's your one true calling, you can absolutely outsource it. 

@Forrest FaulconerVery true.

Are you the true buyer or the wholesaler taking a slice, but not title?

But yes I’m sure there are several areas in disrepair and perhaps several more to come.Btw, are ‘true’ philly cheese steaks really made with easy cheese??

If you don't have that you probably don't have title and any improvements you make may be as a volunteer and belong to the true owner whoever that is.