@Trent Burns, I believe with any type of real estate transaction you need to disclose your license status.

These sellers are typically opposed to having a realtor on either side of the transaction, so I would recommend you do all your homework on the bakc end by looking the property up on the county website to search for liens (yes always do a lien search) when purchasing a property especially FSBO. 

I've been involved in hundreds of transactions and have only ever put down $1 as a deposit.

@Jeremy Nault you could also cross collateralize-use the equity in one as the DP for a new one.As is typical with no money down, the new one probably won’t Cashflow well, but it’s creative :)Good luck

In a short sale or Deed in Lieu, however, the liens have to be addressed & dealt with in some way during the transaction.Do a title search and clear all of the liens by having the borrower clear them before your transaction or get the lien amounts credited to you so you can pay them off post transaction.We generally pay the full amount of the net cash for keys amount when the borrower vacates the property & leaves it in broom swept condition.Yesterday, we were surprised when a town refused to provide the transfer stamp, which we needed in order to record the Deed.

The main thing is finding someone or a company you can trust and that has all their i's dotted and t's crossed.

But isn’t that…“Real estate agents must make a “reasonable effort to ascertain all material information concerning the physical condition of every property for which he or she accepts agency” and disclose this “to their client or principal and when appropriate to any other party to a transaction.” ??? 

4) Poor Property Management - Where do you think a turnkey provider will put their best staff, on selling properties and making $5k+/transaction or on property management and making $80/month transactions?

Thats a tiny deal, I also would not expect to find any agent who crosses borders and has such a large area and does small properties.

So in 2022 and a 1.5 year span, I would have sold 3 properties, and 9 units... over $2M in RE transactions... crazy!