She said while the title is something to be concerned about but it is handled at attorney review.However, one thing she mentioned that stuck out was that foreclosures generally do not have Inspection Contingency which she is saying is probably my biggest risk as you cannot back out while under contract if there is are big ticket issues. 

My biggest suggestion for you is to improve your credit score and start reading as much as you can.- The Millionaire Next Door- The book on Rental Property Investing- The Book on Investing in Real Estate with No Money Down- Long-Distance Real Estate Investing- The Millionaire Real Estate Investor- What Every Real Estate Investor Needs to Know About Cashflow- How I Turned $1,000 into a Million in Real Estate in My Spare Time- Rich Dad Poor Dad- The Book on Estimating Rehab Costs

Every inquiry wants to know how much more of a discount I can give,  and the number of MBPS my internet is, etc. 

One of the biggest differences between the LLC and S-corp for real estate relates to self-employment taxes, which might be what you are alluding to in your post. 

How about I suggest you not believe everything you read on the internet!!!

More water consumption, more electric consumption, in one property I even include internet and cable which I expect the internet to exceed the 2TB usage cap if the tenants are Netflix and chilling 24/7.I have not yet reached out to my tenants about rent yet. 

For things to get back to normal: - everyone in the world (not just the US) will need to see their earning capacity completely restored - consumer balance sheets will need built up again -all of the lost productivity in the manufacturing sector will need to be restored-consumers sentiment will need to return to all time highs-governments (federal, state and local) will need to come to terms with trillions of new debt and massive budget short falls. this will be a big issue for states and localities that are already flirting with default (see Illinois)-pension funds will need replenished-corporations will need to deal with serious damage to balance sheets and return to net spending on R&D and capital outlays (the energy sector might be the biggest issue here). corporate debt was already at or near all time highs for several sectors prior to the crisis- Both national and local economies will need to see a return of animal spirits to the pre-crisis highs from both local business owner and in the tech industry.

Of the last 5 recessions we have had since 1979 real estate values have appreciated 3 out of 5 of those times.  2008 being the biggest drop for obvious reasons.  

I have a friend who works at one of the biggest development firms here.

@Ryan Holland - I think you will see an uptick on lenders offering long term options this week.The biggest adjustment today is the rate those loans are offered at.