Replacement costs of sewer treatment are something I would definitely need to factor in.

Tenants pays the fee and you get useful information to help make an informed decision.

I've used LendingHome three times so far and they have been pretty good but some of their processes can be a little frustrating and some of their costs have increased lately - $200 draw fee (average is around $150) and their underwriting fee is $995.

I just wish I could get a loan for my family to do this or have a bigger investor make most of the profit and pay us a finders fee...in the form of a house. 

If so what are those fees involved?

some contracts have a fee that says if u dont close on said closing date, it XX amount per day u til you close. you could also just say u broke the contract, keep the EM and DD and relist it.

You should look into Series-LLC and see if that's an option for you - then you don't need to worry about this question, as you can place a property in its own children Series-LLC that you can form when needed.As for distribution, you can have one or more per LLC, and that depends on multiple factors:- property class - you might not want to mix A class property with a D class property in the same LLC, due to different tenant level- cash flow - you might want to keep your cash flow cow separate from the ones that barely produce- equity - you might want to keep the one with large equity in its own LLC while you can group the ones with little equity in another LLC (let's say you have one with 50K equity in its own LLC and 3 other each with only 10K in another LLC, till their equity grows to your risk threshold when you move them out in their own LLC).- number of units (in the case of MF)- location of real estateThe investor has to decide what mix is optimal for their situation.

Where is the REIA and how often are the meetings and is there a fee to get in?

How do i get a finder fee for this deal, without putting the property under contract? 

How much money/return you could get, but they never talk about visually analyzing the deal.What I mean by this is looking at the property, and the area around it, and letting that factor into your overall analysis.