If this agreement is an exclusive right to represent and prevents you from purchasing properties from other agents or on your own, don't sign.

What prevents the closing from actually happening?

This tax on Unrelated Business Taxable income (UBTI) is designed to level the playing field for tax-paying businesses and prevent unfair competition from tax-exempts in activities deemed to be commercial enterprises.In real estate, activities that create UBTI include dealer transactions such as flipping and wholesaling, new construction for immediate sale, and services associated real estate such as hotels, short-term rentals, self-storage, and adult care homes.Rent from real property, interest on notes, and the sale of a property or note held over time all generate passive income with no UBTI component.A syndication is not a business simply by the fact that a “business entity” such as a LLC or LLP is used to put the project together.

Usually, if a wire isn't 1.5" inside a wood member, a protective nail plate is used to prevent piercing it.

What can I do to prevent picking a fly by night company?

Once the bills are paid, various amounts of the rent are stored away in separate accounts, one for management fees (upkeep, service calls, etc), capital expenditures (savings for roof replacement, water heater/furnace, etc), maintenance (softer salt, preventative maintenance work) and vacancy rate (should a unit fall unrented, there is a reserve fund to pay that rent out accordingly).

Not sure if one should lock all vacant doors and unlock once leased but this would prevent the hands off management approach as I seek. 

.”, both of these help prevent water from running down the pipe and into the attic.

It really helps prevent me from getting overwhelmed or over frustrated.

Does a lien prevent this type of deal from happening?