Fees should be clearly stated, easy to understand, and justifiable.

In other words, if the second mortgage holder is also notified and he redeems before I have a chance to is the property his free and clear and do I totally lose out?

Clearly there is a lot of incentive for Seller Broker to find Buyer. 

A lot of the time they cut the GC a discount too, so it might even be the same price to have a GC without even counting in being taken advantage of and the added carrying costs.

I discovered 1 vacancy from appraisal report pictures (earlier inspection report showed clear signs of occupancy) and the other on final walk-thru the week of closing.  

A scope of work provided with an application is clearly an estimate as you can't see behind the walls/ know to the dollar what things will cost etc. 2) do all HMLs require inspections and appraisals (therefore you must keep these contingencies and make your offer less attractive vs cash buyers)?

Sorry that I wasn't clear. 

A clear operating agreement will also need to be structured for the LLC and since I read the goal being that the relative is not to sign on the loan, they need to be kept at less than a 20% partner. 

I just moved to using Cozy (automatic charges ACH for late fees) and will actually be decreasing my deposit to 75% of the rent so it's clear when they have not paid their rent and cannot just simply substitute the deposit for rent.   

RLTO is not clear since it grants right of access to a landlord but not sure whether we can let contractors in.