So since no judicial redemption is required that also means no notorious exclusive possession is involved as well.

Their firm should be focused on investment properties or have a group/team that the agent works with that's involved in that capacity.4.

Utilize FHA loan for first time home buyer which requires you to put only 3.5% as down-payment plus closing cost meaning with your share of 10 k you can buy a property worth under 150 k all by yourself( 5,250 down-payment + 3750 approx towards closing cost ) idle approach is to buy it only on  your name for house hacking and to involve partner for other investmentopportunity... hope this helps..

Bank doesn't want to get involved as they mentioned the contractors will have the 1st lien on the property and banks usually want to be the 1st.

Short-term rentals (STRs) are definitely more involved but can be more lucrative, as Gran said above.

Why are you even involving an LLC?

I do not have a real estate agent involved.

I"m told that if it goes to collections that they can have no more involvement with it, and then I'll have to deal with the Collection Agency solely. 

If there is an agent involved on the listing side, the commissions will be outlined in the listing agreement.

Hey @Mulugeta Berhe, definitely recommend reaching out and connecting with as many people and groups as possible and that will be the best way to figure out what you want to get involved with.