You are paying for the right to buy the property sometime in the future and you may or may not exercise that right.

Also, you (or someone) will need to be physically present for some parts of the transaction like inspections and walk throughs.

Especially thank you to my partner who I would never have had the physical and mental fortitude to keep going in this REI roller coaster @Joel Mendenhall, you're an amazing Project Manager.And thankful that I have the strength and courage to listen to my intuition and judgement which helps me weed out all the naysayers and the negativity about REI. 

Instead of cold calling random banks, go to the REIA meetup local to where the real estate is physically at, and ask those investors who is doing their mortgages. 

@Ted L.I have been involved in several hubzu transactions and I think they will exercise some common sense.

If you or someone you trust doesn’t physically go and tour the building you will never know the truth  

A prospective Property manager I am vetting uses Show mojo to show properties instead of physically going to showings.

Im not familiar with your market, but I would also advise you to exercise caution when dealing with homes at this price point.

One recent New York decision found that “given the now widespread use of email as a form of written communication in both personal and business affairs, it would be unreasonable to conclude that email messages are incapable of conforming to the criteria of (the New York version of the UETA) simply because they cannot be physically signed in a traditional fashion”[2]UETA applies “only to transactions between parties, each of which has agreed to conduct transactions by electronic means.

In the last 12 months I made a few slight changes that made all the difference 1 no achahol for 6 weeks 2 go to bed 1 hour early and get up 2 hrs earlier 3 limit tv and friend time.4 EXERCISE YOU CAN ALSO INVEST WITH OTHERS AND GET SOME $ WORKING FOR YOU