Frequently, the deeds are prepared outside of a normal closing.

Your last sentence, "It is much better to lose the property to a competitive bid than to lose it to the bank later" is an important one to be reminded of frequently as an excited newbie to investing. 

My concern with these unit was the life of the units and how hands on the maintenance need to be and how frequent. 

This occurs frequently though & I’d like to capitalize if I can.

Frequently fall asleep with one airpod in my ear streaming BP podcast and my phone in one hand with a not-so-random zillow listing open. 

Deal breakers would be things like they dont specialize in the type of deals you will be working with, the structures they have used have been challened frequently and not held up (i.e. their track history is mixed), or they arent properly licensed.

That’s always an interesting concept; a property management company owner trying to give advice and skills to make their audience less likely to use them.

That’s always an interesting concept; a property management company owner trying to give advice and skills to make their audience less likely to use them.

This question is asked multiple times every week and is getting more frequent. 

Given the scarcity factor, meaning there are not many of these properties in the available (existing) market, I would think you could find an audience.