When they tell me the current PM it almost always is a PM who discounts fees so low there is no way that PM can afford to provide quality service.

I hope prices willgo up long term (I'm looking at 10-20 years range).Price-wise, it'smuch more affordable compared to the Bay Area where I live.

Seems like if you can afford a $5 million property, Im not sure why this question is even being asked.

I am in New Hampshire and I want to start making offers, but I can't afford to pay an Attorney the 1300 they want to review the contract I got for free from one of those Gurus. 

If you built the garages, installed the pool, etc without permits and inspections, you'll have many more problems with getting those passed by your township than you may think.The solution I would recommend is to have your parents refi, put the property into a trust, you can be a co-beneficiary, and when you can afford, give them whatever money you have agreed to and have them quit claim their beneficial interest in the trust to you.I am a realtor, not an attorney, so please seek out a qualified attorney to get you set up. 

The problem is finding a house in my area that I can afford to buy and rehab.

Some main differences from 2008 and now is that the banks and government have a better playbook towork from to keep people in their homes, most of the loans involved borrowers that could actually afford their loans, and the big buyers of distressed debt from the last cycle are getting ready to handle whatever scenario we end up with.Just my opinion :)

I have already completed my ABR(Acredited Buyer Representative) Designation, Commercial PRO Series - Multifamily, PSA(Pricing Stategy Advisor), Fundamentals of working with RE Investors, Affordable Housing Solutions, and SFR(Short Sales and Foreclosure Resource) Certifications. 

Before selling commercial real estate starting about 17 years ago I was in the food business sector for over a decade in all facets.

I foresee him now being able to pay the rent for another 4-6 months or so.I will be unable to afford this kind of loss as a result.