I strongly advise you consider the risks before getting involved. 

Nobody is expecting much from borrowers on these loans. if your finances are run properly, you provide all stips quick and clean, and you know what you're doing, then you're in the best possible position. the lender will order an appraisal. if you buy one, they won't use it

As an investor, I don't need a license because all of the transactions I'm involved with are my own and, as you know, you can do what you want with your own properties.Great that you're making an effort to learn the rules before getting into trouble.

I was informed by a neighbor that as recently as a couple years ago, the one house was basically a brothel, it's been cleaned up once the neighbors got the police involved but I imagine the tenants aren't the best.   

Clean up the property.2.

I pay 16% management fee, but that includes all maintenance calls, snow removal, lawn care, rent collection, evictions, inspections, rental-ready, picking up trash, cleaning.

I still do my due diligence up front and am involved in the big decisions, but I'm not a part of the day-to-day operations. 

I plan to use a PM and would prefer less involvement but don’t mind a having a defined set of renovations.

As far as my goals are concerned, I have a few thoughts in mind: 1) I would like to get in touch with a few wholesalers in the area so that I can more quickly and efficiently acquire properties to continue my flipping business,2) I would like to acquire multi family residences as investments to hold and rent,3) I would like to learn more about financing options or best avenues to obtain capital as I do not have a large amount of cash sitting to be used for my business,4) I am interested in syndication deals,5) I would like to become more involved with the local real estate groups,6) Any advice of best ways to use BiggerPockets is always appreciated.Looking forward to hearing your responses and chatting.

We have done inspections and everything is clean with both properties minus about $2k in repairs.